Discover and read the best of Twitter Threads about #trinidadandtobago

Most recents (15)

1. Other than a temporary windfall from high energy prices, "There is nothing that offers hope for the #TrinidadandTobago economy" says @kevinramnarine. He adds that major private sector companies in TT are neither investing nor expanding here.

newsday.co.tt/2022/07/23/imb…
2. It’s now less than 6 weeks until #TrinidadandTobago’s next budget. After 7 years of negative growth, it must be a budget for growth. Negative growth means lower living standards for the people of TT; positive growth raises them.
3. #TrinidadandTobago’s govt should identify the many #oilandgas projects long awaiting a final investment decision & ensure that the budget unlocks them. For years the @TTEnergyChamber has been identifying how this can be done & has been ignored even as production has declined.
Read 6 tweets
#TrinidadandTobago’s @StuartRYoung1 will present with NJ Ayuk next week. Mr Ayuk has recently written “2022 is turning out to be a banner year for the African oil and gas industry” - njayuk.com/2022-is-turnin…. Africa is booming while TT remains in the doldrums due to govt inaction.
More from NJ Ayuk explaining why Africa’s #oilandgas sector is booming. #Trinidad should note that cutting through red tape & introducing savvy fiscal systems are key to attracting investment; investment which leads to increased production & income. njayuk.com/operator-frien…
#TrinidadandTobago’s #oilandgas sector is failing in both these ways. As @kevinramnarine, who eased the doing of business for the sector between 2011 and 2015, explains in the article below the process for approving oil & gas projects is now taking longer. guardian.co.tt/news/is-the-em…
Read 5 tweets
1. Whilst #TrinidadandTobago allows its #oil resources to remain in the ground because of long standing government inaction, Suriname is on the verge of joining Guyana in finding billions of barrels of oil. oilprice.com/Latest-Energy-…
2. There’s still plenty of #oilandgas to find in #TrinidadandTobago. It’s reckoned that there might be another 5 billion barrels of oil (worth US$500 billion) and over 50 trillion cubic feet of gas still to discover. guardian.co.tt/article/more-o…
3. Exploring for #oilandgas and bringing any discoveries into production in #TrinidadandTobago is very expensive (hundreds of millions of US$ off-shore and tens of millions on onshore). Companies will only invest if they can be confident that they’ll make a profit.
Read 5 tweets
1. It’s been well reported that #TrinidadandTobago’s deep water #oilandgas bid round disappointed. Even more disappointing is the consequence that outcome will now have on the country’s economic growth.
2. There’s been no overall economic growth in TT since the @thepnmparty government came to power in 2015 - see the dashed red line in the chart below.
3. In large part this is because #Trinidad’s #oilandgas production has fallen dramatically since 2015 - see bottom left and top right in the chart below.

That fall in production has led to a consequential fall in government revenue - see top left in the chart below.
Read 9 tweets
1. As @cwrioclaro writes, “It is hard work and requires a lot of thought and analysis to make changes to the fiscal terms for the energy sector.”
2. But the Finance Minister, @ImbertColm, obtained a Master’s Degree, in Oil and Gas Law, with Distinction, with a specialisation in Fiscal Regimes and Oil Taxation from the University of Aberdeen in 2016. finance.gov.tt/our-people/min…
3. Incidentally, the University of Aberdeen has this to say about #Trinidad’s #oilandgas fiscal regime.
Read 9 tweets
1. “This Government is committed to taking measures to reverse the decline in oil and gas production and to boost exploration activity” said the @thepnmparty’s @ImbertColm in September 2015. #Trinidad #oilandgas ab-76.blogspot.com/2022/06/broken…
2. “Accordingly, in the shortest time possible, after consultation with the industry, we will introduce a new and appropriate fiscal regime designed to encourage further exploration…” @ImbertColm continued in 2015. ab-76.blogspot.com/2022/06/broken…
3. “We cannot sit idly by and allow production to decline and revenues to fall, and in finding a solution to the difficulties that we now face as a country, we must all work together” @ImbertColm went on. ab-76.blogspot.com/2022/06/broken…
Read 7 tweets
Happy 130th Birthday to us!

The TTFNC was founded on July 10th 1891 in order to: “...give pleasure to its members by observation of animal, insect and plant life in Trinidad”.

This thread will revisit some key milestones in our long history! 1/n #130yearsofTTFNC Image
In 1892, the first issue of our peer-reviewed journal was published as an outlet for our members to publish interesting and novel #NaturalHistory observations. It continues to this day as "Living World, the Journal of the TTFNC". ttfnc.org/livingworld/in… 2/n #130yearsofTTFNC Image
The first issue of our journal included J. E. Tanner's breakthrough discovery that #leafcutter #ants (locally known as #bachacs) cultivate fungus & feed it to their larvae, rather than eating the leaves directly as previously thought. 🐜🌿🍄3/n #130yearsofTTFNC ImageImage
Read 27 tweets
[1] Reports indicate that the #Venezuelan Floating Storage/Production Vessel, FSO #nabarima, currently located in the #gulfofparia, has approximately 1.2 million barrels of crude oil onboard & the vessel is in distress.

Why is this of concern to #TrinidadandTobago?
[2] The #gulfofparia is a semi-enclosed body of water located between #Trinidad and #Venezuela. The #marine #environment is a very dynamic system. Any oil that is spilled in the #gulfofparia will likely be transported by the currents and reach the shores of both countries.
[3] Presently, the #gulfofparia supports important #fisheries 🐟🦐 Many #fisherfolk in #Trinidad harvest #fish and #shellfish from the #gulfofparia🛥️ The livelihood of these #fisherfolk are dependent on a healthy marine environment.
Read 9 tweets
Huelga de hambre desde hace 3 días en cárcel de #TrinidadandTobago Los venezolanos arrestados quieren ser repatriados, hicieron su solicitud y la embajada venezolana no responde. Dicen que el Gobierno Trinitario no da respuesta. Denuncian demoras procesales de entre 5, 6 a 7 años ImageImage
Los venezolanos arrestados no tienen comunicación legal con sus familias, dicen que son tratados "como animales, las comidas en mal estado, sirven allí agua una vez a la semana y a los 3 días el agua deja de ser potable, no tienen asistencia médica y la única medicina es panedol" ImageImage
Asegura la denuncia que "ayer murió uno de COVID-19 y hay personas con tuberculosis y tienen miedo de morir allí".
Afirman que "las condiciones de encierro son deplorables y como resultado los venezolanos están protestando mediante una huelga de hambre"
Read 8 tweets
14 countries have so far used some form of #castransfer and #basicincome program as #coronavirus response.

Here is what we know:

1. #Australia: one-time cash payment $750 to seniors, veterans and low-income people
2. #China: expanding Dibao program’s value and coverage for affected families

3. #Hong-Kong: one-off cash injection to all 7M adult residents

4. #Indonesia: expansions of e-food vouchers by 33% for 6 months
5. #Ireland: sick pay, illness benefit and supplementary benefits for workers affected by virus-related measures

6. #Italy: €600 childcare voucher for workers with children below age of 12

7. #Japan: ¥5,000 vouchers to those loading ¥20,000 for smartphone payments
Read 93 tweets
Proud as Punch to have just received invitation to the #Bavarian "New Citizens Reception" #neubürgerempfang in October at the #Residenz #Muenchen from @BayStMI Home Office Minister Joachim Herrmann & with Bavarian President @Markus_Soeder
This was the event held in Nuremberg in the summer for new north Bavarian citizens.
The southern Bavarian reception is held in the wonderful 17th Century Imperial Hall of the 'Residence', the seat of the Dukes then Electors and finally Kings of Bavaria until the monarchy was dissolved in 1918 after they "mislead" the folk into WWI
residenz-muenchen.de/englisch/museu…
Read 8 tweets
4. Further Proof. The Truth may be long, but it always prevails.
Who fights against #Syria, against the Govt of #Syria & #Syrian Army?
As you can see, they are #Not Syrians!
Any question?
#ForeignTerrorists #RegimeChange #Imperialism #WarCriminal #Lies #Conspiracy
#Hypocrisy
1. Further Proof. The Truth may be long, but it always prevails.
Who fights against #Syria, against the Govt of #Syria & #Syrian Army?
As you can see, they are #Not Syrians!
Any question?
2. Further Proof. The Truth may be long, but it always prevails.
Who fights against #Syria, against the Govt of #Syria & #Syrian Army?
As you can see, they are #Not Syrians!
Any question?
threadreaderapp.com/thread/1152144…
Read 26 tweets

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