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Trinidad looking to supply energy to Panama, prime minister says. Talks on fuel supplies and tax concessions

Wednesday, November 23, 2011

Trinidad and Tobago is seeking to provide assistance to Panama to develop its energy sector, Kamla Persad-Bissessar, the Trinidadian prime minister, announced.

Talks have concentrated on the supply of propane, butane, diesel, gasoline and bitumen to Panama as well as exploring and considering the acquisition of a bunkering licence for state-owned Petrotrin in the free zone.

The discussions also centred on granting of tax concessions for National Petroleum Marketing Company for the establishment of a blending plant in Panama, which would allow Trinidad and Tobago to enter the lubricant and additives market.

Original source: The Gleaner