CARICOM must exploit natural gas resources for energy security – President Ali

(Department of Public Information Press Release) His Excellency, Dr. Mohamed Irfaan Ali has emphasised the importance of the use of natural gas as a solution for energy security in the Caribbean region.

Addressing the Trinidad and Tobago Energy Conference on Monday, Dr. Ali urged Member States of the Caribbean Community (CARICOM) to actively explore their natural gas resources to meet the region’s growing energy demands.

“Here in Trinidad and Tobago, that opportunity exists and that opportunity should be allowed to blossom for the benefit of the people of this region and the globe,” President Ali told the audience at the four-day conference underway at Hyatt Regency in Port of Spain.

The head of state highlighted the global energy and food crises, the COVID-19 pandemic and the ongoing war between Russia and Ukraine which have further compounded the issues.

He pointed out that these have contributed to the high cost of energy, which has led to increased costs for electricity, transportation, and consumer goods, contributing to inflation in developed and developing states.

Read more at: Department of Public Information

Source: CARICOM TODAY