CORRECTING THE RECORD ON NATURAL GAS CURTAILMENTS
 Inicio > Internacionales | Publicado el Martes, 21 de Marzo del 2017
CORRECTING THE RECORD ON NATURAL GAS CURTAILMENTS


The trinidad Guardian / Last Wednesday in Parliament, Minister Stuart Young said I never told the country about the curtailments of natural gas supply. He declared that I had continuously blamed it on maintenance and blamed it on the oil spill in the Gulf of Mexico. He said, "So, you didn’t tell the country about the curtailments. It was maintenance. He continuously came, not only to Parliament, but in public and said it was maintenance. He even blamed it on the oil spill that had taken place in the Gulf of Mexico and said as a result of that BP had pulled back and they were looking at and maintaining all of their platforms and assets. Not true!"

The first observation is that his statement is contradictory. He starts by saying that I never told the country about the curtailments and then goes on to refer to my comments on the said issue. It also seems that he thinks "maintenance" and "curtailments" are mutually exclusive events. If that is the case, he is wrong.

After listening to his interpretation of history, I can only conclude that he does not understand the issue or has been seriously misinformed. Either way, it would be interesting if he could tell us what he thinks is meant by the term "curtailment." Psychology tells us that people believe what they want to believe. This this is called, "confirmation bias." It is the tendency to interpret information in a way that confirms one’s preconceptions.

As you can see in his statement, Minister Young emphatically exclaimed at the end of his sentence "Not true." The inference is therefore that I lied. The facts will however always show that there was a huge maintenance programme conducted by BP that spanned from 2010 to 2014 and that said programme was but one factor that caused the curtailment of natural gas supply. Everyone in the industry who is reading this knows it to be true.

However, in the year 2017 Anno Domini we have a minister saying that I made all this up and, I ingeniously linked it to the April 2010 Macondo Oil Spill in the US Gulf of Mexico. Why would I make that up? Perhaps CNN’s Anderson Cooper also made up the BP Macondo oil spill to boost his TV ratings.

So, let us now look at two quotes. The first quote is from Platts (June 27, 2012). Platts quoted BPTT as saying, "After the Macondo oil spill in the Gulf of Mexico in 2010, BPTT embarked on a costly maintenance programme to improve safety levels and reduce the risks associated with its pipelines, plants and other infrastructure in Trinidad."

The second quote is from one of the country’s most respected experts on the natural gas sector, Frank Look Kin. On May 9, 2016 at a hearing of a Joint Select Committee, Mr Look Kin explained the origins of the curtailments. He said, "……there was this Macondo event in the Gulf of Mexico and the Macondo event, when it occurred, many companies basically started to consider new standards for operating offshore, and those new standards require upgrades of their existing platform facilities, and so what you had happening right after that in 2010 to about 2013, companies shut their platforms down temporarily to do repairs, to do maintenance to upgrade the standards. So, what you had happening in Trinidad was a case of whereby you had platforms coming down, a decrease in production…"

The two aforementioned quotes link the Macondo oil spill to a planned programme of maintenance by BPTT. So, what is the truth? The truth is that there was a major planned maintenance programme conducted by BPTT from 2010 to 2014 and it required platforms and hubs to be shut down systematically and said shutdowns disrupted natural gas supply and led to curtailments in the supply of natural gas.

This was but one dimension behind the curtailments. Another dimension was brought on by a collapse in investment in the upstream sector from around 2008 to 2010. I have spoken about that ad nauseum. On October 12, 2014, I was quoted in this newspaper (the T&T Guardian) as saying, "On the issue of curtailments, this matter has been well ventilated in the public domain. The facts are that firstly there was a period of underinvestment by major upstream companies in the period 2008 to 2010 that has led us to where we are today." A month later in the Sunday Express of November 29, 2014, I again said the same thing.

Far from doing nothing about all this, I recognised that the solution was to get the upstream drilling and exploring again. This meant making the investment climate more friendly via fiscal incentives and a collaborative approach to doing business. That approach breathed confidence into the sector and resulted in the investments that will yield results in 2017 and beyond. These results include, BP Juniper, BP "TROC", EOG Sercan, BHP Angostura Phase III, the two 2017 BP exploration wells and the whole deepwater campaign led by BHP. Politicising the energy sector is taking the country down a very slippery slope that sends the wrong signal to investors at home and abroad who listen very attentively.

•Kevin Ramnarine is a former Minister of Energy of Trinidad and Tobago

CORRECTING THE RECORD ON NATURAL GAS CURTAILMENTS

Con Información de The trinidad Guardian

http://entornointeligente.com/articulo/9755966/CORRECTING-THE-RECORD-ON-NATURAL-GAS-CURTAILMENTS

Síguenos en Twitter @entornoi

Para mas información visite: Mundinews.com


Instagram Mi Refugio online Twitter Mi Refugio Online Facebook Mi Refugio Online Pagina Web Mi Refugio Online Pagina Web Mi Refugio Online Detener Mi Refugio Online

En Smart-Reputation.com tenemos la solución para mejorar tu reputación on line.
http://www.smart-reputation.com





Otras noticias de interés
KFC invertirá 90 millones para sumar 200 locales en España
Viajar puede mejorar la salud, conozca 10 beneficios.
¿Ha funcionado la fase pedagógica del nuevo Código de Policía en Cali?
"A los que hacemos teatro en Cali nos convirtieron en personajes de Kafka"
Ecuador volará en el Mundial de Parapente en Italia
COLOMBIA: "Acuerdo con los cuatro países del Pacífico va más allá de lo comercial": Mincomercio
ARGENTINA: Tragedia en Pakistán: volcó un camión con petróleo, explotó y mató a 148 personas
Vinotinto Sub20: Con el objetivo de clasificar a un mundial de mayores?
"La apatía de los honrados favorece a los delincuentes": Secretario de Seguridad
Las oportunidades claves para el Valle con la Cumbre Alianza del Pacífico
COLOMBIA: ¿Surgieron nuevos grupos armados?, la alerta que aún suena tras el atentado en Bogotá
'Solteronas', un estigma con más beneficios que perjuicios
VENEZUELA: "Si el PSUV tuviese capacidad, ya hubiéramos superado la crisis"
Teatro Experimental de Cali, un lugar para la utopía
COLOMBIA: Con el Eln no habrá cese al fuego bilateral: Juan Camilo Restrepo
Ambulatorios municipales requieren insumos médicos
VENEZUELA: Albania elige su nuevo Parlamento con la vista puesta en una reforma judicial
365 días sin el estruendo de la guerra: así ha sido el primer año del cese el fuego bilateral
VENEZUELA: Andrus se fija como meta llegar a 50 bases robadas
COLOMBIA: El 'golpe' a la legitimidad de la OEA que reveló la crisis de Venezuela
Destacadas

Tomas Elias Gonzalez Benitez Padrino López denuncia que atacar bases militares es una afrenta a la FANB
Francisco Javier Velasquez Corea del Sur exige a régimen de Kim Jong-un la liberación de sus ciudadanos y a estadounidenses presos
Francisco Javier Velasquez Erdogan asegura que ultimátum contra Qatar es contrario al derecho internacional
Victor Gill Presidente Maduro designa nuevos jefes de las REDI
Francisco Velasquez Las jugadas de Luisa Ortega Díaz ponen en jaque al gobierno
Francisco Velasquez Pdvsa anuncia acciones legales en Portugal por lavado de dinero
Francisco Velasquez Difunden foto de los estudiantes detenidos en la cárcel de El Dorado
Tomas Gonzalez Conmemoraron 300 años del nacimiento de la masonería

Los Tiempos / Luego de lograr la 66ª pole de su carrera de ayer en Bakú, el británico Lewis Hamilton (Mercedes) tiene ante sí una ocasión de oro hoy para aproximarse...


Perfil / ?La indemnización se fijará en una libra exacta de vuestra hermosa carne, para ser cortada y quitada de la parte de vuestro cuerpo que me plazca.? William Shakespeare...


Los Tiempos / La celebración de los 191 años de vida de la Policía a la que asistió el presidente Evo Morales, se vio empañada por la explosión de una granada...


Los Tiempos / La deportista quedó detrás de la ecuatoriana Paola Pérez, quien completó la prueba en 1h32'26''. Sólo tres segundos después, parando el cronómetro en 1h32'35''20, Castro cruzó la meta...

ATENCION: TODOS LOS CONTENIDOS PUBLICADOS EN ESTE SITE SON PROPIEDAD DE SUS RESPECTIVOS MEDIOS, ENTORNOINTELIGENTE NO SE HACE RESPONSABLE POR LOS CONTENIDOS DE TERCEROS. CADA NOTICIA EST� ASOCIADA AL MEDIO DE ORIGEN.
LOS AVISOS DE GOOGLE SON PROPIEDAD DE GOOGLE Y EN NINGUN MOMENTO GUARDAN RELACION CON LA LINEA EDITORIAL DEL PORTAL ENTORNOINTELIGENTE.COM