Prime Minister of Trinidad & Tobago Dr Keith Rowley has warned that the fortunes of the twin-island state would be in jeopardy if the Dragon gas deal with Venezuela does not materialise.
Prime Minister Rowley expressed confidence that his country is on solid footing with respect to its agreements for the gas exploration agreement but cautioned that meeting its financial obligations would be at risk if the US revokes the license for the gas deal or if Venezuela pulls out of the arrangement.
Dr Rowley has warned that the country faces future problems without energy deals.
Trinidad & Tobago is due to run out of natural gas in eight years time.
Dr Rowley says between now and then, the problem of insufficient gas supply would affect revenue, resulting in the country facing challenges in paying its bills.
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