AGP Executive Report
Last update: 4 hours agoEnergy & Finance: NGC says it was “broken” when the new board took office in July 2025, but has since turned around performance, reporting 2025 profit after tax of TT$3.46bn—up 111%—and promising 2026 gains. Methanol & Supply Constraints: Methanex’s last expected export from Trinidad has sailed after the Titan plant shut in June, with idling linked to ongoing natural gas supply shortages at Point Lisas. Regional Energy Deals: Venezuela has concluded new offshore gas agreements involving BP and XRG (ADNOC’s investment arm), with Loran gas expected to be industrialised and converted into LNG on Trinidadian territory. Water Security: St Kitts reports a major groundwater breakthrough after drilling a new Saddlers well under a EC$28m programme, with initial testing at about 175 US gallons per minute. Housing & Procurement Scrutiny: A TT$191m HDC project in a Laventille “hot zone” faces questions over contract award pricing and safety concerns, with construction reportedly paused. Flood Response: Flooding remains widespread in the region as governments roll out aid—OCD in the Philippines cites P1.1bn in assistance amid monsoon and cyclone impacts. Industry Skills: The HOST hospitality training programme is graduating trainees after three months of classroom, commis and clinical practicals aimed at food and beverage service jobs. Culture & Media: Trinidad’s Carnival Catwalk wins Best Entertainment Programme Television at the 57th CBU Awards, with the series now airing on Peacock in the US.
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.