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Re: PNM in Gov't

this is how we do it.......

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bluefete
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Re: Re: PNM in Gov't

Postby bluefete » February 25th, 2023, 9:44 am

Papayo!

Hear nah. How come Rowley ent sue Anil for slander of defamation of character?

Not embedding, so here are the links.

Anil versus PNM Pastor

(Hi Anil - In de Savannah)
https://www.facebook.com/630015538/vide ... 2729305840

(Anil tackles Rowley)
https://www.facebook.com/630015538/vide ... 9461465743

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Re: PNM in Gov't

Postby sMASH » February 25th, 2023, 9:46 am

hover11 wrote:Usual blame kamla.....meanwhile PNM full of altar boys and saints
FB_IMG_1677326019486.jpg
Call names, doh fraid!

Let we deal with them

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Re: Re: PNM in Gov't

Postby maj. tom » February 25th, 2023, 10:56 am

Don't worry the names were all exclusively forwarded to Rowley from anan@gmail.com, printed out from Microsoft Word and delivered in his mailbox.

https://www.state.gov/reports/2020-trafficking-in-persons-report/

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Hey don't mind these headlines:
US Trafficking in Persons 2021 Report says cops, officials facilitating crimes

The report said the downgrade to Tier 2-Watch List was linked to corruption and law enforcement complicity in trafficking crimes, which remained a significant concern and not enough being done by the Government to combat the problem.

UNC MP Rodney Charles queries non-action against Govt officials named in US Trafficking in Persons Report
Charles added: “Who are these senior government officials ‘alleged’ in 2020 to be involved in human trafficking? Are they members of Cabinet? Or protective services? Why has no action been taken against them? When does the Government propose to take action against them so that T&T will not be blacklisted?”



Any mention of the actual known PNM pedos who have child grooming parties and then a young boy's sexually mutilated dead body appeared in a pool after it was searched? No, that wasn't in the report? What about all the pictures of Rowley close to the owner of a raided business called Copa Cabana who is obviously involved in this activity big time? That not in the report either? So curious about this level of projection.

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Re: PNM in Gov't

Postby FrankChag » February 25th, 2023, 1:15 pm

De Dragon wrote:LFD RFD PNM make dat century faster than Lara.

I'm still relatively new, and I always wanted to ask what this means.. I tried guessing... asked chatG for some help also. Any of these close?

LFD
Left for dead
Lime, Fete, Drink
Looking for Drinks
Lacking financial discipline

RFD
red for dead
rude, filthy, disgusting
red for days
rundown fading dingy



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Re: PNM in Gov't

Postby hover11 » February 25th, 2023, 1:17 pm

FrankChag wrote:
De Dragon wrote:LFD RFD PNM make dat century faster than Lara.

I'm still relatively new, and I always wanted to ask what this means.. I tried guessing... asked chatG for some help also. Any of these close?

LFD
Left for dead
Lime, Fete, Drink
Looking for Drinks
Lacking financial discipline

RFD
red for dead
rude, filthy, disgusting
red for days
rundown fading dingy


They all correct and can be used interchangeably

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Re: PNM in Gov't

Postby De Dragon » February 25th, 2023, 1:51 pm

FrankChag wrote:
De Dragon wrote:LFD RFD PNM make dat century faster than Lara.

I'm still relatively new, and I always wanted to ask what this means.. I tried guessing... asked chatG for some help also. Any of these close?

LFD
Left for dead
Lime, Fete, Drink
Looking for Drinks
Lacking financial discipline

RFD
red for dead
rude, filthy, disgusting
red for days
rundown fading dingy



It's a spin on their stupid campaign song from a coupla years back
LFD - Left Foot, Dotish
RFD - Right Foot, Dotish

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Re: Re: PNM in Gov't

Postby paid_influencer » February 25th, 2023, 4:13 pm



bess song

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Re: Re: PNM in Gov't

Postby maj. tom » February 26th, 2023, 10:12 am

Kamla: Rowley must take action in human trafficking scandal

https://www.guardian.co.tt/news/kamla-rowley-must-take-action-in-human-trafficking-scandal-6.2.1642311.830b27a034

The opposition has hit back at Prime Minister Dr Keith Rowley challenging him to tell the country which member of the Opposition UNC is currently a senior official in his government? 

It comes as a US Trafficking in Persons 2022 Report stated, “Corruption and official complicity in trafficking crimes remained significant concerns, inhibiting law enforcement action, and the government did not take action against senior government officials alleged in 2020 to be involved in human trafficking.”

Opposition Leader, Kamla Persad-Bissessar, issued a statement saying, “…Rowley must take action against the senior officials within his PNM government who have been implicated in this human trafficking scandal. 

She added, “I call on Rowley to treat the scourge of human trafficking seriously and to desist from using such a horrific crime to score cheap political points and distractions, as this is not a joking matter.” 

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Re: Re: PNM in Gov't

Postby paid_influencer » February 26th, 2023, 10:32 am

real forking convenient how both sides have blood on their hands so neither has the high ground to condemn the other. in the mean time things continuing normel normel

the long term solution is to socialize men to respect women and not use victims of human trafficking. kill the demand. but right now nobody respects anybody on the island. if they could cuss, cuff, rob and kill a man on the street jusso what it is to pay to have sex with a human trafficiking victim

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Re: PNM in Gov't

Postby wing » February 26th, 2023, 12:20 pm

TOP STORY
Atlantic LNG to lay off staff
LNG
Andrea Perez-Sobers
1 hr ago
ATLANTIC LNG (Atlantic) has confirmed that it is laying off staff and has already offered all employees voluntary separation of employment packages (VSEP) to go home over the next two months.

The VSEP comes as the company has moved from operating four LNG Trains to three, and even with three, its president, Ronald Adams, recently admitted that it is only getting enough natural gas to meet 70 per cent of the capacity of the reduced number of Trains. It also continues a trend in the local energy sector of retrenchment of staff.

In response to questions from Sunday Business, the company did not say how many workers would be asked to leave but noted a further review would be conducted with the possibility that if it did not get enough numbers accepting its offer, some may have to be cut.


Atlantic said, “As recent global events have demonstrated, the LNG industry is dynamic. To keep pace with peers internationally and ensure that Atlantic achieves its goal of sustaining world-class LNG operations to the benefit of Trinidad and Tobago, a comprehensive revision of the company’s corporate strategy was undertaken in 2022, which is now well into implementation. This necessitated a review of the organisational structure to ensure alignment to the refreshed strategy.”

The LNG company told Sunday Business while a review of resourcing for the revised organisational structure is ongoing, permanent staff have been offered the opportunity to voluntarily express interest in separating from the organisation.

“Following completion of the voluntary separation process by the end of April 2023, it will then be determined whether the revised structure necessitates any further impact on resources. It is anticipated that the impact, if any, will be minimal,” Atlantic concluded. Sunday Business was told that the VSEP packages that were being offered by Atlantic closed recently and many of the operations staff applied to leave.


Atlantic is one of the world’s largest producers of Liquefied Natural Gas (LNG) and it is owned by the National Gas Company of Trinidad and Tobago (NGC Trinidad and Tobago), Shell, BP, and the Chinese Investment Corporation (CIC).

An agreement

Just last December, Energy Minister Stuart Young announced that the Government had reached an agreement with Atlantic’s shareholders on substantive commercial terms for the revised structure of the Atlantic LNG venture. This followed the signing of a Heads of Agreement in January 2022.

According to Young, this was the culmination of discussions that the Government initiated, in 2018, with the major Atlantic shareholders, following which, the parties agreed that the Atlantic facilities and its complex shareholder structure and commercial agreements needed to be simplified.

At that time, Young said, the Government and Atlantic shareholders (inclusive of companies affiliated with BP Trinidad and Tobago, Shell Trinidad, and Tobago Limited, and The National Gas Company of Trinidad and Tobago Limited), have agreed on a restructured ownership and commercial framework to see the Atlantic business operations consolidated into a single entity.

In the revised structure, Young said NGC increased its equity share in Atlantic, consistent with the commitment by the Government to maximise value to the country from the sale of hydrocarbon resources and the new construction will also facilitate a market-reflective pricing mechanism that provides fair value from the sale of LNG for both the country and the shareholders.

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Re: PNM in Gov't

Postby hover11 » February 26th, 2023, 12:23 pm

MAN ON MURDER CHARGE, AWAITING TRIAL FOR 12 YEARS, GETS BAIL :
“If we believed that people are innocent until proven guilty, our trials would happen in a timely manner. In our point of view, they put us in prison for over a decade and it comes like you are doing a prison term. It feels like you’re guilty and you have to prove your innocence.”
Via the Newsday Newspaper.

“Akili Charles, may God rest his soul, will not be forgotten. He opened doors for inmates,” said an inmate I’ll call Charles Gear.

January 11 marked the 12th year Gear had been in remand on murder charges, but he is now out of prison on bail. Gear used the ground breaking law that allows murder-accused to seek bail while being held in remand.

Gear said that people don’t realise how important this law is to inmates.

“Prison is over-populated because of the time it takes to go to trial, but we lose more than time while we wait for our trials. I lost my grandmother, father, cousins and an uncle while I was locked up. I lost my job. I left when my daughter was four. She is 16 now. She asked me every year, ‘Are you coming home this year?’ I would say, ‘Yes.’ She wanted to make sure I was there for her graduation. When my daughter saw me on that Tuesday morning I came home, the only thing she didn’t do was drop dead.”

Gear said the bail law is about more than getting out of prison. It is about re-establishing the presumption of innocence until proven guilty.

“If we believed that people are innocent until proven guilty, our trials would happen in a timely manner. In our point of view, they put us in prison for over a decade and it comes like you are doing a prison term. It feels like you’re guilty and you have to prove your innocence.”

Gear said, “I got locked up at 24. I’m now 36. People come in older than that, lie down in prison for a decade or more, don’t learn a trade, and they’re too old to get a job when they come out.”



Evidence of a failed judicial system, what has PNM done for the SEVEN years of power to improve upon this.

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Re: PNM in Gov't

Postby wing » February 26th, 2023, 12:29 pm

wing wrote:TOP STORY
Atlantic LNG to lay off staff
LNG
Andrea Perez-Sobers
1 hr ago
ATLANTIC LNG (Atlantic) has confirmed that it is laying off staff and has already offered all employees voluntary separation of employment packages (VSEP) to go home over the next two months.

The VSEP comes as the company has moved from operating four LNG Trains to three, and even with three, its president, Ronald Adams, recently admitted that it is only getting enough natural gas to meet 70 per cent of the capacity of the reduced number of Trains. It also continues a trend in the local energy sector of retrenchment of staff.

In response to questions from Sunday Business, the company did not say how many workers would be asked to leave but noted a further review would be conducted with the possibility that if it did not get enough numbers accepting its offer, some may have to be cut.


Atlantic said, “As recent global events have demonstrated, the LNG industry is dynamic. To keep pace with peers internationally and ensure that Atlantic achieves its goal of sustaining world-class LNG operations to the benefit of Trinidad and Tobago, a comprehensive revision of the company’s corporate strategy was undertaken in 2022, which is now well into implementation. This necessitated a review of the organisational structure to ensure alignment to the refreshed strategy.”

The LNG company told Sunday Business while a review of resourcing for the revised organisational structure is ongoing, permanent staff have been offered the opportunity to voluntarily express interest in separating from the organisation.

“Following completion of the voluntary separation process by the end of April 2023, it will then be determined whether the revised structure necessitates any further impact on resources. It is anticipated that the impact, if any, will be minimal,” Atlantic concluded. Sunday Business was told that the VSEP packages that were being offered by Atlantic closed recently and many of the operations staff applied to leave.


Atlantic is one of the world’s largest producers of Liquefied Natural Gas (LNG) and it is owned by the National Gas Company of Trinidad and Tobago (NGC Trinidad and Tobago), Shell, BP, and the Chinese Investment Corporation (CIC).

An agreement

Just last December, Energy Minister Stuart Young announced that the Government had reached an agreement with Atlantic’s shareholders on substantive commercial terms for the revised structure of the Atlantic LNG venture. This followed the signing of a Heads of Agreement in January 2022.

According to Young, this was the culmination of discussions that the Government initiated, in 2018, with the major Atlantic shareholders, following which, the parties agreed that the Atlantic facilities and its complex shareholder structure and commercial agreements needed to be simplified.

At that time, Young said, the Government and Atlantic shareholders (inclusive of companies affiliated with BP Trinidad and Tobago, Shell Trinidad, and Tobago Limited, and The National Gas Company of Trinidad and Tobago Limited), have agreed on a restructured ownership and commercial framework to see the Atlantic business operations consolidated into a single entity.

In the revised structure, Young said NGC increased its equity share in Atlantic, consistent with the commitment by the Government to maximise value to the country from the sale of hydrocarbon resources and the new construction will also facilitate a market-reflective pricing mechanism that provides fair value from the sale of LNG for both the country and the shareholders.

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And tuner distracted by who running brothel...

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Re: PNM in Gov't

Postby bluefete » February 26th, 2023, 1:49 pm

Impsbert and the PNM in serious financial problems right now. Budget estimates not matching reality.

Natural gas price was US$2.58 on Friday and the budget was US$6. per mmbtu. And we are supposed to be a gas economy, eh!

Oil budgeted at US$92.50 - As at Friday - WTI was - US$76.32 / Brent Crude US$83.16

Budget review in April will be most interesting. More pressure for poor people.


https://www.rigzone.com/news/henry_hub_ ... 5-article/

Henry Hub Gas Prices Should Remain Depressed in 1H 2023
by Andreas Exarheas|Rigzone Staff|Thursday, February 23, 2023



Henry Hub Gas Prices Should Remain Depressed in 1H 2023
'Prices could fall to $2 or lower if the supply-demand response is deemed inadequate'.
Henry Hub gas prices should remain depressed in the first half of this year.


That’s according to a new BofA Global Research report, which outlined that the commodity will average $2.45 per million British thermal units (mmbtu) during the period, “before rising in 2H23 as the impact of low prices on production becomes clearer”.

“Even so, we remain bearish versus the curve for the year and think prices could fall to $2 or lower if the supply/demand response is deemed inadequate,” the BofA Global Research report stated.

“We are bullish versus the curve in 2024 and forecast prices to rise to $4/mmbtu as balances start to clean up,” the report added.

In the report, BofA Global Research warned that there are “several notable risks” to its forecasts this year and next.

“First, the probability of El Niño weather patterns taking hold this summer and fall are above 50 percent, which could bring a mild summer and cooler winter in the South,” the BofA Global Research report said.

“Second, a larger than expected recession later this year could bring weaker demand than we currently forecast. Third, the U.S. E&P sector is in much better financial shape today than in prior years, which may mean a more muted response to low prices versus history,” the report added.

“Freeport could also see further delays and a loose global LNG market could cause a repeat of 2020 U.S. export curtailments,” the report continued.

Back to Where it Started

In its latest report, BofA Global Research noted that the U.S. natural gas market is back to where it started in the third quarter of 2020, “after a spate of mild weather caused Henry Hub prices to slide below $2.30/mmbtu”.

“Nine months ago, ahead of the Freeport LNG accident, gas was trading +$9/mmbtu, U.S. inventories were 300 billion cubic feet under seasonal five-year average levels, and there was concern about inventories running dangerously low,” the report stated.

“Since then, mild weather and strong production growth caused the balances to flip, with inventories recently rising to more than 180 billion cubic feet above seasonal norms, a dynamic that has also played out in Europe,” the report added.

“The recent reversal of fortune has sent gas prices lower in search of a response from supply or demand. Fortunately, 4Q earnings releases suggest E&Ps are cutting rigs, while gas’ share of thermal generation has ticked higher. But the market likely requires persistent low prices ahead of summer to avoid a storage containment issue this fall,” the report continued.

EIA Forecast

In its latest short term energy outlook, which was released earlier this month, the U.S. Energy Information Administration (EIA) projected that the Henry Hub spot price would average $3.40/mmbtu in 2023 and $4.04/mmbtu in 2024. The EIA expects the commodity to average $3.13/mmbtu in the first quarter of 2023, $3.27/mmbtu in the second quarter, $3.47/mmbtu in the third quarter, and $3.76/mmbtu in the fourth quarter, according to the latest STEO.

“We forecast that the Henry Hub natural gas spot price will average $3.40 per million British thermal units in 2023, down almost 50 percent from last year and about 30 percent from our January Short-Term Energy Outlook forecast,” the EIA noted in the February STEO.

“We revised our outlook for Henry Hub prices as a result of significantly warmer than normal weather in January that led to less than normal consumption of natural gas for space heating and pushed inventories above the five-year average,” the EIA added.

Current Price

At the time of writing, the Henry Hub price is trading at $2.19/mmbtu. The commodity saw a peak close in 2022 of $9.68/mmbtu on August 22, before dropping to under $5/mmbtu in October last year. Since then, the commodity rose back above $7/mmbtu in November 2022, before dropping steadily to a close of just over $2/mmbtu on February 21.


wing wrote:TOP STORY
Atlantic LNG to lay off staff
LNG
Andrea Perez-Sobers
1 hr ago
ATLANTIC LNG (Atlantic) has confirmed that it is laying off staff and has already offered all employees voluntary separation of employment packages (VSEP) to go home over the next two months. Powered by BLOX Content Management System from BLOX Digital.

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Re: PNM in Gov't

Postby hover11 » February 26th, 2023, 1:51 pm

Well you know where the money for that shortfall coming from expect the midget to implement more tax in the mid review.

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Re: Re: PNM in Gov't

Postby paid_influencer » February 26th, 2023, 1:56 pm

economy at a near stand still and the govt adding tax to kill it more

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Re: PNM in Gov't

Postby Kickstart » February 26th, 2023, 2:09 pm

bluefete wrote:Impsbert and the PNM in serious financial problems right now. Budget estimates not matching reality.

Natural gas price was US$2.58 on Friday and the budget was US$6. per mmbtu. And we are supposed to be a gas economy, eh!

Oil budgeted at US$92.50 - As at Friday - WTI was - US$76.32 / Brent Crude US$83.16

Budget review in April will be most interesting. More pressure for poor people.


https://www.rigzone.com/news/henry_hub_ ... 5-article/

Henry Hub Gas Prices Should Remain Depressed in 1H 2023
by Andreas Exarheas|Rigzone Staff|Thursday, February 23, 2023



Henry Hub Gas Prices Should Remain Depressed in 1H 2023
'Prices could fall to $2 or lower if the supply-demand response is deemed inadequate'.
Henry Hub gas prices should remain depressed in the first half of this year.


That’s according to a new BofA Global Research report, which outlined that the commodity will average $2.45 per million British thermal units (mmbtu) during the period, “before rising in 2H23 as the impact of low prices on production becomes clearer”.

“Even so, we remain bearish versus the curve for the year and think prices could fall to $2 or lower if the supply/demand response is deemed inadequate,” the BofA Global Research report stated.

“We are bullish versus the curve in 2024 and forecast prices to rise to $4/mmbtu as balances start to clean up,” the report added.

In the report, BofA Global Research warned that there are “several notable risks” to its forecasts this year and next.

“First, the probability of El Niño weather patterns taking hold this summer and fall are above 50 percent, which could bring a mild summer and cooler winter in the South,” the BofA Global Research report said.

“Second, a larger than expected recession later this year could bring weaker demand than we currently forecast. Third, the U.S. E&P sector is in much better financial shape today than in prior years, which may mean a more muted response to low prices versus history,” the report added.

“Freeport could also see further delays and a loose global LNG market could cause a repeat of 2020 U.S. export curtailments,” the report continued.

Back to Where it Started

In its latest report, BofA Global Research noted that the U.S. natural gas market is back to where it started in the third quarter of 2020, “after a spate of mild weather caused Henry Hub prices to slide below $2.30/mmbtu”.

“Nine months ago, ahead of the Freeport LNG accident, gas was trading +$9/mmbtu, U.S. inventories were 300 billion cubic feet under seasonal five-year average levels, and there was concern about inventories running dangerously low,” the report stated.

“Since then, mild weather and strong production growth caused the balances to flip, with inventories recently rising to more than 180 billion cubic feet above seasonal norms, a dynamic that has also played out in Europe,” the report added.

“The recent reversal of fortune has sent gas prices lower in search of a response from supply or demand. Fortunately, 4Q earnings releases suggest E&Ps are cutting rigs, while gas’ share of thermal generation has ticked higher. But the market likely requires persistent low prices ahead of summer to avoid a storage containment issue this fall,” the report continued.

EIA Forecast

In its latest short term energy outlook, which was released earlier this month, the U.S. Energy Information Administration (EIA) projected that the Henry Hub spot price would average $3.40/mmbtu in 2023 and $4.04/mmbtu in 2024. The EIA expects the commodity to average $3.13/mmbtu in the first quarter of 2023, $3.27/mmbtu in the second quarter, $3.47/mmbtu in the third quarter, and $3.76/mmbtu in the fourth quarter, according to the latest STEO.

“We forecast that the Henry Hub natural gas spot price will average $3.40 per million British thermal units in 2023, down almost 50 percent from last year and about 30 percent from our January Short-Term Energy Outlook forecast,” the EIA noted in the February STEO.

“We revised our outlook for Henry Hub prices as a result of significantly warmer than normal weather in January that led to less than normal consumption of natural gas for space heating and pushed inventories above the five-year average,” the EIA added.

Current Price

At the time of writing, the Henry Hub price is trading at $2.19/mmbtu. The commodity saw a peak close in 2022 of $9.68/mmbtu on August 22, before dropping to under $5/mmbtu in October last year. Since then, the commodity rose back above $7/mmbtu in November 2022, before dropping steadily to a close of just over $2/mmbtu on February 21.


wing wrote:TOP STORY
Atlantic LNG to lay off staff
LNG
Andrea Perez-Sobers
1 hr ago
ATLANTIC LNG (Atlantic) has confirmed that it is laying off staff and has already offered all employees voluntary separation of employment packages (VSEP) to go home over the next two months. Powered by BLOX Content Management System from BLOX Digital.
All PNM have to do is raise more taxes on people

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Re: PNM in Gov't

Postby sMASH » February 26th, 2023, 3:36 pm

Those oil prices prolly why Biden want to ramp up Russian aggression.

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Re: Re: PNM in Gov't

Postby sMASH » February 26th, 2023, 3:37 pm

paid_influencer wrote:economy at a near stand still and the govt adding tax to kill it more
Taxes will keep their salaries flowing.
They will fund the police and that will protect them from the the citizenry.

Replacing the middle class with police

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Re: Re: PNM in Gov't

Postby maj. tom » February 26th, 2023, 5:26 pm

nah the Atlantic LNG and collapsing economy story is just a false flag like when PNM say they wasn't never ever ever closing down Petrotrin (2 weeks later). It so obvious because if it was real why the Prime Minister would not talk about this last week and have had a media conference to inform the public? Huh? Tell me that!

The real story is the honestly goodly Rowley making claims about the Opposition with no evidence, and no names and absolutely no follow up on who running brothel. Please citizens, focus on the real story that our trustworthy PNM government and informs us about through cycled fake news from their network of paid bloggers on the social medias because these are the real important things that affect our real lives. Petrotrin did ever affect anybody real? WRONG! This year was the best and greatest Carnival ever that just happened. Try to keep up with the real stuff like an urgent press release about how Panday and UNC was in sex scandal BUT NOT OUR PM! Get your facts clear! You saw any urgent press release from the OPM on Atlantic LNG? So who to believe? That's right! The ones who you voted for again in 2020, your government! Who would you rather running the economy, a real economist or qualified financial expert or only a pretend one because allyuh eh riot yet? Get the facts straight KAMALAAlA TEEF OUT D TREASURY NEVR FUGET!!!!

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Re: PNM in Gov't

Postby hover11 » February 26th, 2023, 5:57 pm

PNM has placed Trinidad in a recession since 2015.There are no foreign investors hence a downturn,yet they keep borrowing,spending,wasting and the effects passed to the lowest income earner which incudes the middle class.Yet the electorate has remained quiet and humbled

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Re: Re: PNM in Gov't

Postby maj. tom » February 26th, 2023, 6:06 pm

I wonder if the drastic increase in crime has to do with the long term PNM make-a-mess-since-2015 economic plan?

nahhhh....can't be. All dem thousands of young black boys deading out and murdering innocent citizens is really Kamla anti-gang bill fault.

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Re: PNM in Gov't

Postby sMASH » February 26th, 2023, 6:25 pm

U HAVE to tackle crime, other things can take a backseat to crime. Sox look who getting the national security contracts.

Also, plea, bargaining tends to increase the prison population, so look who getting the Court and prisons contracts.

America went the way of private prisons... Excuse is to get out of the complexity of managing prisons. Real reason is to fund some contractor under paying their staff, but kicking back to their campaign funds

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Re: PNM in Gov't

Postby De Dragon » February 26th, 2023, 8:34 pm

wing wrote:
wing wrote:TOP STORY
Atlantic LNG to lay off staff
LNG
Andrea Perez-Sobers
1 hr ago
ATLANTIC LNG (Atlantic) has confirmed that it is laying off staff and has already offered all employees voluntary separation of employment packages (VSEP) to go home over the next two months.

The VSEP comes as the company has moved from operating four LNG Trains to three, and even with three, its president, Ronald Adams, recently admitted that it is only getting enough natural gas to meet 70 per cent of the capacity of the reduced number of Trains. It also continues a trend in the local energy sector of retrenchment of staff.

In response to questions from Sunday Business, the company did not say how many workers would be asked to leave but noted a further review would be conducted with the possibility that if it did not get enough numbers accepting its offer, some may have to be cut.


Atlantic said, “As recent global events have demonstrated, the LNG industry is dynamic. To keep pace with peers internationally and ensure that Atlantic achieves its goal of sustaining world-class LNG operations to the benefit of Trinidad and Tobago, a comprehensive revision of the company’s corporate strategy was undertaken in 2022, which is now well into implementation. This necessitated a review of the organisational structure to ensure alignment to the refreshed strategy.”

The LNG company told Sunday Business while a review of resourcing for the revised organisational structure is ongoing, permanent staff have been offered the opportunity to voluntarily express interest in separating from the organisation.

“Following completion of the voluntary separation process by the end of April 2023, it will then be determined whether the revised structure necessitates any further impact on resources. It is anticipated that the impact, if any, will be minimal,” Atlantic concluded. Sunday Business was told that the VSEP packages that were being offered by Atlantic closed recently and many of the operations staff applied to leave.


Atlantic is one of the world’s largest producers of Liquefied Natural Gas (LNG) and it is owned by the National Gas Company of Trinidad and Tobago (NGC Trinidad and Tobago), Shell, BP, and the Chinese Investment Corporation (CIC).

An agreement

Just last December, Energy Minister Stuart Young announced that the Government had reached an agreement with Atlantic’s shareholders on substantive commercial terms for the revised structure of the Atlantic LNG venture. This followed the signing of a Heads of Agreement in January 2022.

According to Young, this was the culmination of discussions that the Government initiated, in 2018, with the major Atlantic shareholders, following which, the parties agreed that the Atlantic facilities and its complex shareholder structure and commercial agreements needed to be simplified.

At that time, Young said, the Government and Atlantic shareholders (inclusive of companies affiliated with BP Trinidad and Tobago, Shell Trinidad, and Tobago Limited, and The National Gas Company of Trinidad and Tobago Limited), have agreed on a restructured ownership and commercial framework to see the Atlantic business operations consolidated into a single entity.

In the revised structure, Young said NGC increased its equity share in Atlantic, consistent with the commitment by the Government to maximise value to the country from the sale of hydrocarbon resources and the new construction will also facilitate a market-reflective pricing mechanism that provides fair value from the sale of LNG for both the country and the shareholders.

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And tuner distracted by who running brothel...

See why "bottom feeders" are needed?

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De Dragon
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Re: Re: PNM in Gov't

Postby De Dragon » February 26th, 2023, 8:37 pm

EOG buss the mark on the gas price that they sold to NGC. All this confidentiality sheit get blown up. Hopefully the other upstreamers follow suit.

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Re: Re: PNM in Gov't

Postby paid_influencer » February 28th, 2023, 10:17 pm

philip asking some uncomfortable questions...

the budget is 5 billion dollars for 200,000 students... or about $500,000 per classroom per year.

anybody classroom looking like it getting $500,000 a year?

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Re: Re: PNM in Gov't

Postby paid_influencer » February 28th, 2023, 10:23 pm

philip talking about fixing the customs department.. to stop assault rifles from coming in...

but lewwe ignore he and support rowley or kamla

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Re: Re: PNM in Gov't

Postby K74T » February 28th, 2023, 11:13 pm

paid_influencer wrote:philip talking about fixing the customs department.. to stop assault rifles from coming in...

but lewwe ignore he and support rowley or kamla
And that's where the PEPpers get waxed...Plebward is only a talker..nothing more.

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Re: Re: PNM in Gov't

Postby eliteauto » March 1st, 2023, 8:29 am

paid_influencer wrote:philip talking about fixing the customs department.. to stop assault rifles from coming in...

but lewwe ignore he and support rowley or kamla


Phillip talks a good game but does he realise that it requires 21 seats to form the Gov't, who are the others in PEP? Where are the constituency offices? Where are the shadow MPs and shadow ministers, where's the policy documents with detailed plans and people on the ground to disseminate same? Unlike the PNM and UNC who have the luxury of presenting their faces and promises mere weeks before the GE any other (serious) contender has to do the groundwork to create the groundswell. PEP seems like a cult of personality suitable for social media but not equipped for real life.

Take the PDP for example, WD stated he wants to be the Mayor of POS come next LGE, ppl laugh not realizing that Duke has been meeting with the East POS communities and actively canvassing, speaking their ghetto/grassroots language. Whether that redounds to his benefit is left to be seen but at least he's truly active politically whilst PEA comes across as an SJW

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Re: Re: PNM in Gov't

Postby pugboy » March 1st, 2023, 8:53 am

pea good right where he is

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Re: Re: PNM in Gov't

Postby maj. tom » March 1st, 2023, 9:44 am

United States Ambassador to Trinidad and Tobago Candace Bond has explained that “senior Government officials” as referred to in the US Department of State Trafficking in Persons 2022 report are employees on the Government’s payroll who are accountable to the people of Trinidad and Tobago.

She said anyone who is in the Government’s employ and who has a position of authority is a Government official. “This is really about who is accountable to the people and that is what we mean by Government,” she added.
https://trinidadexpress.com/news/local/bond-clears-the-air/article_2135ef5c-b7de-11ed-805d-13e3e3d1f9d9.html

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