AGP Executive Report
Last update: 7 hours agoBanking & Policy Talks: Finance Minister Davendranath Tancoo met the Bankers Association of Trinidad and Tobago and CBTT officials to deepen economic collaboration, financial-sector reform and market stability, aiming to avoid “silos” and boost confidence for businesses. Downstream Gas & Petrochemicals: NGC says it has renewed 100% of downstream gas contracts after executing a new agreement with Methanol Holdings (Trinidad) at Point Lisas, reinforcing long-term support for methanol operations. Energy Supply Watch: Reports say Atlantic LNG’s Train 4 at Trinidad’s LNG complex shut for planned maintenance, potentially affecting up to half of output for weeks. Ozone Milestone: Trinidad and Tobago is at 78% of its HCFC phase-out target (toward 97.5% by 2027), positioning the country as a regional leader under the Montreal Protocol. Tax Compliance Deadline: The Landlord Business Surcharge registration deadline was extended to June 30, 2026, with a $2,500 one-time fee and quarterly surcharge rates. Infrastructure & Industry: Heritage Petroleum began transitioning to upgraded pipeline infrastructure, replacing about 10,000 feet near Tarouba and Marabella to improve integrity and reduce risk. Transport & Connectivity: Caribbean Airlines will discontinue service to St Kitts and Nevis and Dominica from June 1 as it restructures after losses, while also reducing flights to Martinique and Guadeloupe. Regional Weather Preparedness: Forecasters in T&T are meeting to improve early warning systems with more impact-focused guidance for farmers, fishermen and commuters. Construction Materials Pressure: Quarry operators are challenging the hold-over licence system, warning of an aggregate supply shortfall that could hit infrastructure plans. Labour Dispute: TTUTA says a “reasonable solution” is needed in the PSA-CPO arrears impasse, as unions push for fair treatment within the country’s financial limits.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.