Home' Trinidad and Tobago Guardian : September 12th 2013 Contents The Energy Chamber of T&T
will host its annual T&T Ener-
gy Conference on February 3-
5, 2014, at the Hyatt Regency
Trinidad hotel, Port-of-Spain.
The T&T Energy Conference is the premier
Energy Conference in the Caribbean. Approx-
imately 2,000 visitors were in attendance over
the three days of the 2013 Energy Conference;
roughly six to seven times more than other
annual energy conferences held in the country.
Delegates from the United States, Australia,
the United Kingdom, Germany, Canada, Suri-
name, among others, were participants. The
conference attracts senior decision makers in
the industry, including the CEOs, supply chain,
finance, and operations managers of the major
upstream, mid-stream, and downstream oper-
ator companies in T&T.
Next year, the conference is expected to be
an even greater success as our 2013 post-con-
ference survey indicates that 97 per cent of
delegates will return and 100 per cent will
recommend the conference to others.
The theme of next year's conference is:
Winning in an Evolving Energy World. The
sector is at a point where it must evolve in
order to remain competitive given the changing
global landscape. The shale gas revolution,
the expansion of the Panama Canal, innova-
tions in deepwater technology, shifting gas
markets, and new hydrocarbon discoveries in
emerging markets (eg, East Africa), suggest
that T&T must rethink and tweak its approach
by factoring in these global changes.
While T&T is on the cusp of deepwater
expansion, the sector still battles with declining
levels of crude and condensate production
and challenges with gas production.
To help reverse this decline, T&T will have
to look towards incorporating innovative tech-
nologies to develop stranded gas fields. In
addition, when compared to other more com-
petitive energy sector provinces, T&T offers
less competitive fiscal terms to upstream oper-
ators and a risk-reward structure along the
gas value chain that does not encourage invest-
The conference will highlight the challenges
facing the T&T energy sector in light of global
changes, focus on increasing oil and gas pro-
duction, highlight new innovation and tech-
nology for deepwater exploration, and propose
strategies to sustain investment.
Every year, the Energy Chamber features a
core panel of local and international high-
Next year Dr Steven Chu will deliver a pres-
entation on the future trends in the global
energy sector. Chu has served as the 12th US
Secretary of Energy during President Obama's
Administration. Under his leadership in the
Obama cabinet, the Department of Energy
began ARPA-E, the Energy Innovation Hubs,
and the Clean Energy Ministerial.
Chu remains committed to mitigating cli-
mate change through the development of new
technologies and business models that will
accelerate the transition to sustainable energy.
In fact, with his directive the deployment of
renewable energy in the US was doubled. He
is distinctive in his breadth of interdisciplinary
research and his international experience as
a leader in the federal government. He remains
active on both fronts and is acknowledged as
a pioneer in both science and energy policy.
Chu is also the co-recipient of the Nobel Prize
for Physics (1997) for his contributions to the
laser cooling and trapping of atoms, a holder
of ten patents and has been awarded 23 hon-
Some of our other prominent speakers
include Fatih Birol, chief economist and director
of global energy economics of the International
Energy Agency and distinguished Prof Vaclav
Smil. In addition, Minister of Energy and Ener-
gy Affairs, Kevin Ramnarine will deliver the
In the past, Jeroen Van Der Veer, former
Shell CEO, Alvaro Uribe, former president of
Colombia, Xavier Sala-i-Martin, professor of
economics, Columbia University, have all deliv-
ered feature addresses.
Green Energy Day
February 5, 2014 (Day 3)
The conference will also focus on developing
the local green economy. T&T, like many other
small island states, are faced with the challenge
of renewable energy development and struggle
with the impacts of climate change. It is urgent
that we identify and implement effective adap-
tation and mitigation measures to cushion the
blow of climate change on our economy.
February 5, 2014 (Day 3) of the conference,
will be devoted to green energy discourse
which will allow for information exchange,
networking and business opportunities in
renewable energy and energy efficiency for
those in attendance.
For more information, please contact the
Energy Chamber's executive office at 679-
6623, ext 21, 26 or 33.
BUSINESS GUARDIAN www.guardian.co.tt SEPTEMBER 2013 • WEEK TWO
An overview of the
The Energy Conference also fea-
tures a tradeshow which runs con-
currently with the conference. The
Energy Conference Tradeshow pro-
vides an opportunity for local and
foreign companies to showcase
their products, get business and pro-
vides great networking prospects.
In 2013, the tradeshow attracted
significant traffic of approximately
2,500 visitors. Next year's
tradeshow is expected to be even
bigger. Its huge success this year
prompted exhibitors to book their
tradeshow booths for 2014 early.
Tradeshow booths for next year's
conference are sold out. See Table 1
for a list of our tradeshow ex-
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