T&T, Haiti sign US$30m energy deal

Haiti is to benefit from a US$30 million investment by National Petroleum Marketing Company. This  follows the signing of a memorandum of understanding between T&T and Haiti at the  Hilton Trinidad yesterday for co-operation inu energy, energy security and energy exploration. Prime Minister Kamla Persad Bissessar said that the accord, which had been discussed over the past two years, represents a significant contribution to the development of a “fellow Caricom partner” still emerging from the effects of a powerful earthquake that killed an estimated 300,000 people and left more than a million others homeless in 2010. “We are very happy that you will be sourcing our energy products rather than outside of the region,” she said noting that the agreement will help the energy companies continue to provide employment for locals in the energy sector. “By selling these products to you, you will continue to help us generate revenue to continue the employment of citizens of Trinidad and Tobago and at the same time with our products coming into your country, duty free, it means your citizens will benefit as well.

(See Full article here.)