Suriname's state-owned oil company, Staatsolie has signed a letter of intent with the Trinidad-based National Energy Corporation as the company prepares to embark on gas projects.
A memorandum of understanding has laid the foundation for the possible setting up of solar energy parks in Suriname and cooperation in the field of natural gas.
Both documents were signed yesterday.
Staatsolie Managing Director, Annand Jagesar said the agreements now open the way to collaboration that could lead to actual joint business.
He said the two partners could play an important role in the energy sector of the Caribbean.
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