AMCHAM has congratulated the Government for the progress made in accessing the Dragon gas field.

T&T and Venezuela have signed an agreement which will allow the installation of pipelines with technologies to produce gas in Venezuelan seas.

According to a Bloomberg article, the agreement is a profit-sharing deal which could see increased global exports from the Caribbean.

In a statement, AMCHAM recognized the work of Prime Minister Dr. Keith Rowley and Energy Minister Stuart Young, who led the engagement on this matter.

It also says while there are more steps required before operationalization can take place, it is optimistic that the latest agreement has taken T&T one step closer toward this goal.