Trinidad and Tobago want to be one of the world leaders in increasing gas production in order to wean other countries off the reliance on Russian energy resources amid the ongoing conflict in Ukraine.
The twin-island is the largest gas supplier in the Caribbean and was ranked as one of the world’s biggest exporters of liquefied natural gas (LNG), according to BP.
T&T’s Minister of Energy, Stuart Young, told CNN that the country has been a significant contender in energy resources for the past few decades.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.