LNG production resumes at Atlantic

POINT FORTIN LNG producer Atlantic resumed operations on Friday at its four-train liquefaction facility after a five-day shutdown that the company is still investigating.

The facility was affected by a power outage last Sunday night that led the company to stop liquefaction at all four trains. The surrounding community of Point Fortin was not impacted by the outage as Atantic produces its own electricity internally.

RECOMMENDED FOR YOU

AFTER deliberating on the First Citizens Initial Public Offering (IPO) for more than 19 months, Director of Public Prosecutions, Roger Gaspard, concluded that there was “insufficient evidence” from an investigation conducted internally by a team from the Trinidad and Tobago Securities and Exchange Commission (TTSEC) “for a realistic prospect of conviction for any offence under the Securities Act Chapter 83.02.”

HIGH fuel costs and traffic congestion are causing more people to purchase motorcycles for travelling short distances.

AGREEMENT has been reached between Minister of Finance Colm Imbert and the T&T Chamber of Industry and Commerce that will allow local businesses to get cash for the billions of dollars in Value-Added Tax refunds owed to them by the end of next month.

SOME 50 exporters across 13 sectors have received about US$21 million to purchase raw materials and other inputs, in the facility established by the Government and executed by T&T’s EXIMBank to ease access to foreign exchange.