(Trinidad Guardian) Shell has not made a final investment decision for the production of the Dragon gas field, as this decision does not arise until various studies and reports are completed.
Energy Minister Stuart Young confirmed this in Parliament on Friday, replying to opposition queries on whether Shell had made a final investment decision for the monetisation of the Dragon gas field.
Young said, “These studies and reports are in progress and on schedule at this time, pursuant to the terms of the licence granted by the Government of the Bolivarian Republic of Venezuela.
“As was recently announced, there are marine survey vessels currently surveying the Dragon field and the potential seabed pathways for the subsea pipeline from the Dragon field to the Hibiscus platform. Engineering works and procurement exercises are also ongoing as expected.”
Young also listed the entities that submitted bids for the purchase of the Pointe-a-Pierre refinery.
The ten refinery bidders are:
• Columbus Refinery Trinidad & Tobago
Limited
• CRO–Chemie-Tech LLC, DR Commodities
Limited, Ocala Services Limited
• GN Fenceline Solutions Management
Company Limited
• IEM Refining Company Limited
• Inca Energy, LLC
• Integritus Group Company Limited
• Nautical Partners Limited
• Oando Trading DMCC
• Patriotic Energy Services Company Limited
• Sarge Enterprises Limited