Oil and gas prices, Caribbean regional energy integration, the need for diversification and improved efficiencies high on discussion agendas
PORT OF SPAIN, Trinidad – The state of Trinidad and Tobago’s energy sector and the future of the region’s oil and gas industry in general will be the topic of discussion as private sector leaders, government officials and academic luminaries convene at the Hyatt Regency Trinidad on two separate occasions this month (January 2016).
The focal point of these gatherings will be two conferences: The Trinidad and Tobago Energy Conference now taking place from January 18-20 and the Platts Caribbean Energy Conference, scheduled to take place January 28-29 respectively.
Through varying combinations of plenary sessions, keynote presentations, case studies, panel discussions and tradeshow interactions both events aim to generate useful insights on potential solutions to the challenges faced by the energy sector.
Topics to be discussed include demand and supply opportunities for renewable energy projects in the Eastern Caribbean; Caribbean regional energy integration; the global gas industry; development decisions in a low-priced oil environment; the requirements for successful project execution and financing; and the pressing need for competitive energy costs and a diversified energy matrix.
Additionally, event organizers hope to advance discussions on the public-private sector initiatives, partnerships and action plans that will be necessary to reverse the downward price trend in the short- to long-term.
“With crude oil and natural gas prices at an all-time low, and the recent news that Trinidad will need to tighten its economic belt to buffer against reducing revenues, there is no doubt in anyone’s mind that these conferences are well-timed,” said Russel George, general manager at Hyatt Regency Trinidad. He further added that the discourse on how to overcome the challenges faced by the country and the world is needed “now more than ever”.
Located in the heart of downtown Port of Spain, Hyatt Regency Trinidad sits at the epicenter of the country’s business district and is well-equipped to host major meetings and events of this nature. Easy access from major U.S. cities and many Caribbean countries, as well as its expansive state-of-the-art meeting facilities routinely make it a popular choice with business travelers, industry leaders and local businesses.