Home' Trinidad and Tobago Guardian : October 1st 2013 Contents A6
Guardian www.guardian.co.tt Tuesday, October 1, 2013
There are no immediate plans to increase
the rates for water and lights for residential,
commercial or industrial customers.
So says chairman of the Regulated Industries
Commission Dr Anne-Marie Mohammed.
She was speaking yesterday at a ceremony
at the Ministry of Public Utilities, Elizabeth
Street, St Clair, where six people received their
instruments of appointment to serve on the
board of the commission for two years.
Mohammed said she had one more year to
serve. The chairman said the commission was
awaiting figures from both WASA and T&TEC
before making any determination on a rate
increase. The process was delayed as the com-
mission did not have a functioning board
She said during that period a "draft deter-
mination" of WASA and T&TEC s application
for rate increases was reviewed and the com-
mission now had to "align, economically, the
new rates/upcoming rates."
According to the commission s Web site,
between April and June, some $317,362 was
awarded to customers in rebates or compen-
Appointments were also made to the T&T
Postal Corporation (TTPost) board.
Its deputy chairman Harry Bisram said it
has not achieved its goal to be independent
of central government.
Financially, he said, the corporation has
been facing competition from the online market
but a business plan has been created to possibly
look at turning around TTPost s financials.
"Given the structure we met at TTPost
when were appointed in 2011, TTPost is still
heavily dependent on the treasury. A large
part of that dependency is due to the Universal
Postal obligation---I would guess that is about
60 per cent of TTPost operations."
"TTPost is facing a lot of competition from
the IT sector. A lot of people are not using
mails any more, you can buy online," he
explained. "The business has been affected---
there are challenges.
"I would say that we have stemmed the
tide over the last two years."
RIC: No plans to up
WASA, T&TEC rates
Energy Minister Kevin Ramnarine
denies distancing himself from the
issue of the Loran Manatee cross-
border gas field with this country
In a response to the Sunday
Guardian s front-page story, Ram-
narine said in a release on Sunday:
"Firstly, the Hon-
ourable Minister of
Energy has not dis-
tanced himself from
"What the minis-
ter sought to explain
to the Guardian
reporter was the fact
that the negotiations
were conducted by
senior public ser-
vants who were very
qualified and com-
petent and that the
negotiations are not
conducted by min-
isters. It is the min-
ister and Cabinet
who make policy but it is public ser-
vants who conduct negotiations."
On the issue of the "almost ten per
cent drop in local voting rights," he
said: "This is misleading. The issue
was first raised by MP Marlene
McDonald in the House of Represen-
tatives on September 18. The Minister
of Energy and Energy Affairs respond-
ed to Ms McDonald s claims on Sep-
tember 23, when he addressed the
He said an extract from his speak-
ing notes from that day had been sent
to the Guardian.
Ramnarine said the voting rights
for the Directing Committee are
apportioned according to title to
hydrocarbons under both the Block
6 (T&T) and Block 2 (Venezuela) pro-
duction-sharing contracts between
the two countries signed during pre-
Under the principle of production-
sharing, hydrocarbons are shared
between the government and the con-
tractors. In the case of T&T, the 26.94
per cent of the
hydrocarbons in the
Loran Manatee field
which reside in
waters is shared, he
has not lost any-
thing. This splitting
of the 26.94 per
cent is determined
by the terms of the
Block 6 produc-
tract that was
signed in 1974 and
amended in 1993,"
his statement said.
Explaining the "Right of Veto,"
Ramnarine said all decisions of the
Directing Committee required a two-
thirds majority. However, all decisions
are subject to the right of veto exer-
cisable by the governments of T&T
or the Bolivarian Republic of
Venezuela if either considers its sov-
ereign interest may be affected, he
"The interests of T&T are therefore
protected." In the release, the ministry
again cautioned that "the sensation-
alising of this Loran Manatee matter
and the accompanying misinforma-
tion has the potential to damage the
relationship between this country and
Venezuela as regards this particular
Loran Manatee matter."
Ramnarine stands by
Venezuela gas deal
The appointments of Steve Joseph, Liana
Ramsahai, Debra Singh-Khan, Sunita
Ganpat, Niegel Subiah and Mark Dolsingh
will take effect from October 8.
New TTPost board:
Dr Franklin Ali, chairman; Harry Bisram,
deputy chairman; Cherry Ann Rajkumar,
Terrence Williams, Nadira Lyder and
Gone are the days of horse-drawn buggies but this motorist was in for a surprise yesterday when he
encountered this horse strolling along Plaisance Quarry Road, John John, Port-of-Spain.
Griffith at Theodore's funeral:
Take fight to criminals---Page A12
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