{"id":889369,"date":"2026-02-01T02:13:43","date_gmt":"2026-02-01T08:13:43","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/01\/changing-the-tt-business-model\/"},"modified":"2026-02-01T02:13:43","modified_gmt":"2026-02-01T08:13:43","slug":"changing-the-tt-business-model","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/01\/changing-the-tt-business-model\/","title":{"rendered":"Changing the T&T business model?"},"content":{"rendered":"
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An\u00c2\u00addrea Perez-Sobers<\/p>\n

Se\u00c2\u00adnior Re\u00c2\u00adporter<\/p>\n

an\u00c2\u00addr***************<\/span>@*********<\/span>co.tt<\/span><\/p>\n

As the glob\u00c2\u00adal en\u00c2\u00ader\u00c2\u00adgy sec\u00c2\u00adtor ac\u00c2\u00adcel\u00c2\u00ader\u00c2\u00adates its shift away from high-car\u00c2\u00adbon fu\u00c2\u00adels, T&T\u00e2\u20ac\u2122s largest methanol pro\u00c2\u00adduc\u00c2\u00ader is repo\u00c2\u00adsi\u00c2\u00adtion\u00c2\u00ading one of its longest-stand\u00c2\u00ading prod\u00c2\u00aducts for a new role. Switzer\u00c2\u00adland-head\u00c2\u00adquar\u00c2\u00adtered Pro\u00c2\u00adman is ad\u00c2\u00advanc\u00c2\u00ading methanol as a low\u00c2\u00ader-emis\u00c2\u00adsion tran\u00c2\u00adsi\u00c2\u00adtion fu\u00c2\u00adel that can be de\u00c2\u00adployed be\u00c2\u00adyond chem\u00c2\u00adi\u00c2\u00adcals and man\u00c2\u00adu\u00c2\u00adfac\u00c2\u00adtur\u00c2\u00ading, with ap\u00c2\u00adpli\u00c2\u00adca\u00c2\u00adtions in trans\u00c2\u00adport and pow\u00c2\u00ader gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion that could ma\u00c2\u00adte\u00c2\u00adri\u00c2\u00adal\u00c2\u00adly re\u00c2\u00adshape en\u00c2\u00ader\u00c2\u00adgy se\u00c2\u00adcu\u00c2\u00adri\u00c2\u00adty across the Caribbean.<\/p>\n

Cen\u00c2\u00adtral to that strat\u00c2\u00ade\u00c2\u00adgy is Pow\u00c2\u00ader32, a com\u00c2\u00adpa\u00c2\u00adny found\u00c2\u00aded by Pro\u00c2\u00adman to de\u00c2\u00advel\u00c2\u00adop and com\u00c2\u00admer\u00c2\u00adcialise methanol-to-pow\u00c2\u00ader so\u00c2\u00adlu\u00c2\u00adtions, tar\u00c2\u00adget\u00c2\u00ading is\u00c2\u00adland states that re\u00c2\u00admain heav\u00c2\u00adi\u00c2\u00adly de\u00c2\u00adpen\u00c2\u00addent on im\u00c2\u00adport\u00c2\u00aded diesel and heavy fu\u00c2\u00adel oil. The ap\u00c2\u00adproach com\u00c2\u00adbines fu\u00c2\u00adel sup\u00c2\u00adply, lo\u00c2\u00adgis\u00c2\u00adtics, en\u00c2\u00adgi\u00c2\u00adneer\u00c2\u00ading and long-term pric\u00c2\u00ading struc\u00c2\u00adtures, with T&T po\u00c2\u00adsi\u00c2\u00adtioned as the source of pro\u00c2\u00adduc\u00c2\u00adtion.<\/p>\n

Deputy man\u00c2\u00adag\u00c2\u00ading di\u00c2\u00adrec\u00c2\u00adtor of Pro\u00c2\u00adman Trinidad, Giselle Thomp\u00c2\u00adson, in a sit-down in\u00c2\u00adter\u00c2\u00adview with\u00c2\u00a0Sun\u00c2\u00adday Busi\u00c2\u00adness Guardian last Thurs\u00c2\u00adday, framed the op\u00c2\u00adpor\u00c2\u00adtu\u00c2\u00adni\u00c2\u00adty with\u00c2\u00adin the re\u00c2\u00adal\u00c2\u00adi\u00c2\u00adties of the en\u00c2\u00ader\u00c2\u00adgy tran\u00c2\u00adsi\u00c2\u00adtion. Methanol has tra\u00c2\u00addi\u00c2\u00adtion\u00c2\u00adal\u00c2\u00adly been em\u00c2\u00adbed\u00c2\u00added in every\u00c2\u00adday prod\u00c2\u00aducts such as chem\u00c2\u00adi\u00c2\u00adcals, sol\u00c2\u00advents, paints and a range of house\u00c2\u00adhold items of\u00c2\u00adten in\u00c2\u00advis\u00c2\u00adi\u00c2\u00adbly. That fa\u00c2\u00admil\u00c2\u00adiar\u00c2\u00adi\u00c2\u00adty, she ex\u00c2\u00adplained, now in\u00c2\u00adter\u00c2\u00adsects with grow\u00c2\u00ading de\u00c2\u00admand for fu\u00c2\u00adels that can de\u00c2\u00adliv\u00c2\u00ader low\u00c2\u00ader emis\u00c2\u00adsions with\u00c2\u00adout sac\u00c2\u00adri\u00c2\u00adfic\u00c2\u00ading af\u00c2\u00adford\u00c2\u00adabil\u00c2\u00adi\u00c2\u00adty or re\u00c2\u00adli\u00c2\u00ada\u00c2\u00adbil\u00c2\u00adi\u00c2\u00adty.
\u00e2\u20ac\u0153But as the world has moved more to\u00c2\u00adwards this en\u00c2\u00ader\u00c2\u00adgy tran\u00c2\u00adsi\u00c2\u00adtion, and every\u00c2\u00adone is look\u00c2\u00ading for af\u00c2\u00adford\u00c2\u00adable, low\u00c2\u00ader car\u00c2\u00adbon, low\u00c2\u00ader emis\u00c2\u00adsion so\u00c2\u00adlu\u00c2\u00adtions or fu\u00c2\u00adels, there lies an op\u00c2\u00adpor\u00c2\u00adtu\u00c2\u00adni\u00c2\u00adty for methanol,\u00e2\u20ac\u009d Thomp\u00c2\u00adson said. \u00e2\u20ac\u0153Be\u00c2\u00ading quite a ver\u00c2\u00adsa\u00c2\u00adtile chem\u00c2\u00adi\u00c2\u00adcal, it can pro\u00c2\u00advide low\u00c2\u00ader car\u00c2\u00adbon-in\u00c2\u00adten\u00c2\u00adsive so\u00c2\u00adlu\u00c2\u00adtions for a mul\u00c2\u00adti\u00c2\u00adtude of things.\u00e2\u20ac\u009d<\/p>\n

Be\u00c2\u00adyond chem\u00c2\u00adi\u00c2\u00adcals and paints<\/p>\n

Pro\u00c2\u00adman\u00e2\u20ac\u2122s strat\u00c2\u00ade\u00c2\u00adgy is an\u00c2\u00adchored in three spe\u00c2\u00adcif\u00c2\u00adic fu\u00c2\u00adel ap\u00c2\u00adpli\u00c2\u00adca\u00c2\u00adtions: ma\u00c2\u00adrine trans\u00c2\u00adport, heavy-du\u00c2\u00adty land trans\u00c2\u00adport and pow\u00c2\u00ader gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion.<\/p>\n

The first tan\u00c2\u00adgi\u00c2\u00adble move came with the launch of six methanol-pow\u00c2\u00adered tankers, now op\u00c2\u00ader\u00c2\u00adat\u00c2\u00ading in\u00c2\u00adter\u00c2\u00adna\u00c2\u00adtion\u00c2\u00adal\u00c2\u00adly and trans\u00c2\u00adport\u00c2\u00ading Pro\u00c2\u00adman\u00e2\u20ac\u2122s prod\u00c2\u00aducts across glob\u00c2\u00adal trade routes. The ves\u00c2\u00adsels rep\u00c2\u00adre\u00c2\u00adsent the com\u00c2\u00adpa\u00c2\u00adny\u00e2\u20ac\u2122s ini\u00c2\u00adtial step in\u00c2\u00adto de\u00c2\u00advel\u00c2\u00adop\u00c2\u00ading methanol as a fu\u00c2\u00adel rather than sole\u00c2\u00adly as a feed\u00c2\u00adstock.<\/p>\n

\u00e2\u20ac\u0153That was our first step out of look\u00c2\u00ading for new us\u00c2\u00ades and new mar\u00c2\u00adkets for methanol,\u00e2\u20ac\u009d Thomp\u00c2\u00adson said. \u00e2\u20ac\u0153We are see\u00c2\u00ading that the ma\u00c2\u00adrine in\u00c2\u00addus\u00c2\u00adtry is grow\u00c2\u00ading, with many more methanol-pow\u00c2\u00adered ships on or\u00c2\u00adder.\u00e2\u20ac\u009d<\/p>\n

Heavy trans\u00c2\u00adport is the sec\u00c2\u00adond pil\u00c2\u00adlar. Pro\u00c2\u00adman is prepar\u00c2\u00ading to launch a pi\u00c2\u00adlot project with Du\u00c2\u00admore En\u00c2\u00adter\u00c2\u00adpris\u00c2\u00ades us\u00c2\u00ading 100 per cent methanol-fu\u00c2\u00adelled trucks on its lo\u00c2\u00adcal lo\u00c2\u00adgis\u00c2\u00adtics routes. Four trucks are ex\u00c2\u00adpect\u00c2\u00aded to be de\u00c2\u00adployed in the first phase, with fur\u00c2\u00adther ex\u00c2\u00adpan\u00c2\u00adsion de\u00c2\u00adpen\u00c2\u00addent on per\u00c2\u00adfor\u00c2\u00admance and op\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtional da\u00c2\u00adta.<\/p>\n

The ob\u00c2\u00adjec\u00c2\u00adtive, Thomp\u00c2\u00adson ex\u00c2\u00adplained, is to test and val\u00c2\u00adi\u00c2\u00addate methanol as a clean\u00c2\u00ader fu\u00c2\u00adel op\u00c2\u00adtion for heavy haulage and in\u00c2\u00addus\u00c2\u00adtri\u00c2\u00adal trans\u00c2\u00adport seg\u00c2\u00adments that are more dif\u00c2\u00adfi\u00c2\u00adcult to de\u00c2\u00adcar\u00c2\u00adbonise us\u00c2\u00ading bat\u00c2\u00adter\u00c2\u00adies or elec\u00c2\u00adtri\u00c2\u00adfi\u00c2\u00adca\u00c2\u00adtion alone.<\/p>\n

The third pil\u00c2\u00adlar, methanol to pow\u00c2\u00ader, has the widest re\u00c2\u00adgion\u00c2\u00adal im\u00c2\u00adpli\u00c2\u00adca\u00c2\u00adtions.<\/p>\n

A fu\u00c2\u00adel for is\u00c2\u00adlands with\u00c2\u00adout gas<\/p>\n

T&T\u00e2\u20ac\u2122s do\u00c2\u00admes\u00c2\u00adtic pow\u00c2\u00ader sys\u00c2\u00adtem is built on nat\u00c2\u00adur\u00c2\u00adal gas, a re\u00c2\u00adsource that re\u00c2\u00admains un\u00c2\u00adavail\u00c2\u00adable to most Caribbean states. Across the re\u00c2\u00adgion, elec\u00c2\u00adtric\u00c2\u00adi\u00c2\u00adty gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion con\u00c2\u00adtin\u00c2\u00adues to re\u00c2\u00adly heav\u00c2\u00adi\u00c2\u00adly on im\u00c2\u00adport\u00c2\u00aded diesel and heavy fu\u00c2\u00adel oil, ex\u00c2\u00adpos\u00c2\u00ading util\u00c2\u00adi\u00c2\u00adties and con\u00c2\u00adsumers to volatile in\u00c2\u00adter\u00c2\u00adna\u00c2\u00adtion\u00c2\u00adal pric\u00c2\u00ading and sup\u00c2\u00adply shocks.
\u00e2\u20ac\u0153There are many places in the world that don\u00e2\u20ac\u2122t have gas and have to re\u00c2\u00adly on cost\u00c2\u00adly heavy fu\u00c2\u00adel oils or diesel to fu\u00c2\u00adel their pow\u00c2\u00ader gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion,\u00e2\u20ac\u009d Thomp\u00c2\u00adson said. \u00e2\u20ac\u0153For our Caribbean neigh\u00c2\u00adbours, en\u00c2\u00ader\u00c2\u00adgy se\u00c2\u00adcu\u00c2\u00adri\u00c2\u00adty has al\u00c2\u00adways been an is\u00c2\u00adsue be\u00c2\u00adcause they are ex\u00c2\u00adposed to in\u00c2\u00adter\u00c2\u00adna\u00c2\u00adtion\u00c2\u00adal price volatil\u00c2\u00adi\u00c2\u00adty.\u00e2\u20ac\u009d<\/p>\n

Geopo\u00c2\u00adlit\u00c2\u00adi\u00c2\u00adcal un\u00c2\u00adcer\u00c2\u00adtain\u00c2\u00adty over the past sev\u00c2\u00ader\u00c2\u00adal years has in\u00c2\u00adten\u00c2\u00adsi\u00c2\u00adfied that ex\u00c2\u00adpo\u00c2\u00adsure, dri\u00c2\u00adving sharp swings in oil-linked fu\u00c2\u00adel prices and in\u00c2\u00adcreas\u00c2\u00ading im\u00c2\u00adport costs for small is\u00c2\u00adland economies. At the same time, much of the re\u00c2\u00adgion\u00e2\u20ac\u2122s pow\u00c2\u00ader gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion in\u00c2\u00adfra\u00c2\u00adstruc\u00c2\u00adture is ap\u00c2\u00adproach\u00c2\u00ading end-of-life, forc\u00c2\u00ading gov\u00c2\u00adern\u00c2\u00adments and util\u00c2\u00adi\u00c2\u00adties to con\u00c2\u00adsid\u00c2\u00ader new in\u00c2\u00advest\u00c2\u00adments.
\u00e2\u20ac\u0153Methanol pro\u00c2\u00advides quite a unique so\u00c2\u00adlu\u00c2\u00adtion,\u00e2\u20ac\u009d Thomp\u00c2\u00adson said. \u00e2\u20ac\u0153Many of the is\u00c2\u00adlands al\u00c2\u00adso have am\u00c2\u00adbi\u00c2\u00adtions to low\u00c2\u00ader their car\u00c2\u00adbon foot\u00c2\u00adprint, and methanol from Trinidad al\u00c2\u00adlows us to sup\u00c2\u00adport en\u00c2\u00ader\u00c2\u00adgy se\u00c2\u00adcu\u00c2\u00adri\u00c2\u00adty while align\u00c2\u00ading with those am\u00c2\u00adbi\u00c2\u00adtions.\u00e2\u20ac\u009d
The strat\u00c2\u00ade\u00c2\u00adgy dove\u00c2\u00adtails with the gov\u00c2\u00adern\u00c2\u00adment\u00e2\u20ac\u2122s stat\u00c2\u00aded ob\u00c2\u00adjec\u00c2\u00adtive of restor\u00c2\u00ading T&T\u00e2\u20ac\u2122s role as the en\u00c2\u00ader\u00c2\u00adgy hub of the Caribbean. Thomp\u00c2\u00adson raised the prospect of methanol sup\u00c2\u00adply\u00c2\u00ading a re\u00c2\u00adgion\u00c2\u00adal role once filled by con\u00c2\u00adces\u00c2\u00adsion\u00c2\u00adal oil arrange\u00c2\u00adments, but struc\u00c2\u00adtured through com\u00c2\u00admer\u00c2\u00adcial sup\u00c2\u00adply, trade agree\u00c2\u00adments and low\u00c2\u00ader-emis\u00c2\u00adsion out\u00c2\u00adcomes.
\u00e2\u20ac\u0153Could this be the next Petro-Caribbean,\u00e2\u20ac\u009d she asked, \u00e2\u20ac\u0153where methanol pro\u00c2\u00advides af\u00c2\u00adford\u00c2\u00adable, sta\u00c2\u00adble pric\u00c2\u00ading com\u00c2\u00ading from with\u00c2\u00adin the Caribbean, while ben\u00c2\u00ade\u00c2\u00adfit\u00c2\u00adting from Cari\u00c2\u00adcom trade agree\u00c2\u00adments and de\u00c2\u00adliv\u00c2\u00ader\u00c2\u00ading low\u00c2\u00ader emis\u00c2\u00adsions?\u00e2\u20ac\u009d<\/p>\n

How Pow\u00c2\u00ader32 emerged<\/p>\n

Pow\u00c2\u00ader32 was es\u00c2\u00adtab\u00c2\u00adlished to trans\u00c2\u00adlate that con\u00c2\u00adcept in\u00c2\u00adto mar\u00c2\u00adket-ready projects. Man\u00c2\u00adag\u00c2\u00ading di\u00c2\u00adrec\u00c2\u00adtor David Knipe traced the com\u00c2\u00adpa\u00c2\u00adny\u00e2\u20ac\u2122s ori\u00c2\u00adgins to Pro\u00c2\u00adman\u00e2\u20ac\u2122s in\u00c2\u00adter\u00c2\u00adnal busi\u00c2\u00adness de\u00c2\u00advel\u00c2\u00adop\u00c2\u00adment work ex\u00c2\u00adplor\u00c2\u00ading al\u00c2\u00adter\u00c2\u00adna\u00c2\u00adtive mar\u00c2\u00adkets for methanol.<\/p>\n

\u00e2\u20ac\u0153Pow\u00c2\u00ader32 grew out of Pro\u00c2\u00adman\u00e2\u20ac\u2122s busi\u00c2\u00adness de\u00c2\u00advel\u00c2\u00adop\u00c2\u00adment ac\u00c2\u00adtiv\u00c2\u00adi\u00c2\u00adties,\u00e2\u20ac\u009d Knipe said. \u00e2\u20ac\u0153The com\u00c2\u00adpa\u00c2\u00adny and its le\u00c2\u00adgal en\u00c2\u00adti\u00c2\u00adties were found\u00c2\u00aded in Feb\u00c2\u00adru\u00c2\u00adary last year, but the think\u00c2\u00ading be\u00c2\u00adhind it goes back sev\u00c2\u00ader\u00c2\u00adal years.\u00e2\u20ac\u009d<\/p>\n

Knipe joined at in\u00c2\u00adcep\u00c2\u00adtion to lead the tran\u00c2\u00adsi\u00c2\u00adtion from con\u00c2\u00adcept to ex\u00c2\u00ade\u00c2\u00adcu\u00c2\u00adtion. The com\u00c2\u00adpa\u00c2\u00adny ben\u00c2\u00ade\u00c2\u00adfits from deep in\u00c2\u00adte\u00c2\u00adgra\u00c2\u00adtion with\u00c2\u00adin the Pro\u00c2\u00adman group, pro\u00c2\u00advid\u00c2\u00ading ac\u00c2\u00adcess to pro\u00c2\u00adduc\u00c2\u00adtion fa\u00c2\u00adcil\u00c2\u00adi\u00c2\u00adties, ship\u00c2\u00adping ca\u00c2\u00adpac\u00c2\u00adi\u00c2\u00adty and en\u00c2\u00adgi\u00c2\u00adneer\u00c2\u00ading ex\u00c2\u00adper\u00c2\u00adtise.<\/p>\n

\u00e2\u20ac\u0153We have the up\u00c2\u00adstream pro\u00c2\u00adduc\u00c2\u00adtion, the ship\u00c2\u00adping or\u00c2\u00adgan\u00c2\u00adi\u00c2\u00adsa\u00c2\u00adtion with Valenz to move prod\u00c2\u00aduct to mar\u00c2\u00adket, and an \u00c2\u00a0En\u00c2\u00adgi\u00c2\u00adneer\u00c2\u00ading, Pro\u00c2\u00adcure\u00c2\u00adment, and Con\u00c2\u00adstruc\u00c2\u00adtion\u00c2\u00a0(EPC) ca\u00c2\u00adpa\u00c2\u00adbil\u00c2\u00adi\u00c2\u00adty that has been in\u00c2\u00advolved in more than 10 gi\u00c2\u00adgawatts of pow\u00c2\u00ader in\u00c2\u00adstal\u00c2\u00adla\u00c2\u00adtions,\u00e2\u20ac\u009d he said. \u00e2\u20ac\u0153That com\u00c2\u00adbi\u00c2\u00adna\u00c2\u00adtion al\u00c2\u00adlows us to bring com\u00c2\u00adplete so\u00c2\u00adlu\u00c2\u00adtions to clients.\u00e2\u20ac\u009d<\/p>\n

Pow\u00c2\u00ader32\u00e2\u20ac\u2122s ini\u00c2\u00adtial fo\u00c2\u00adcus is the Cari\u00c2\u00adcom re\u00c2\u00adgion, where elec\u00c2\u00adtric\u00c2\u00adi\u00c2\u00adty sys\u00c2\u00adtems re\u00c2\u00admain heav\u00c2\u00adi\u00c2\u00adly de\u00c2\u00adpen\u00c2\u00addent on im\u00c2\u00adport\u00c2\u00aded liq\u00c2\u00aduid fu\u00c2\u00adels. The so\u00c2\u00adlu\u00c2\u00adtion is not de\u00c2\u00adsigned for coun\u00c2\u00adtries with abun\u00c2\u00addant re\u00c2\u00adnew\u00c2\u00adables or in\u00c2\u00addige\u00c2\u00adnous gas, but for mar\u00c2\u00adkets fac\u00c2\u00ading high fu\u00c2\u00adel bills, age\u00c2\u00ading as\u00c2\u00adsets and lim\u00c2\u00adit\u00c2\u00aded pric\u00c2\u00ading cer\u00c2\u00adtain\u00c2\u00adty.<\/p>\n

Pric\u00c2\u00ading cer\u00c2\u00adtain\u00c2\u00adty and con\u00c2\u00adver\u00c2\u00adsion op\u00c2\u00adtions<\/p>\n

A cen\u00c2\u00adtral el\u00c2\u00ade\u00c2\u00adment of Pow\u00c2\u00ader32\u00e2\u20ac\u2122s propo\u00c2\u00adsi\u00c2\u00adtion is long-term price sta\u00c2\u00adbil\u00c2\u00adi\u00c2\u00adty. Methanol sup\u00c2\u00adply agree\u00c2\u00adments can be struc\u00c2\u00adtured with fixed or in\u00c2\u00adfla\u00c2\u00adtion-linked pric\u00c2\u00ading over ex\u00c2\u00adtend\u00c2\u00aded pe\u00c2\u00adri\u00c2\u00adods, re\u00c2\u00adduc\u00c2\u00ading ex\u00c2\u00adpo\u00c2\u00adsure to oil-in\u00c2\u00addexed volatil\u00c2\u00adi\u00c2\u00adty.
\u00e2\u20ac\u0153We can of\u00c2\u00adfer pric\u00c2\u00ading struc\u00c2\u00adtures out to 10 or 15 years,\u00e2\u20ac\u009d Knipe said. \u00e2\u20ac\u0153That lev\u00c2\u00adel of cer\u00c2\u00adtain\u00c2\u00adty is not avail\u00c2\u00adable with diesel or LNG, which are in\u00c2\u00addexed to oil mar\u00c2\u00adkets .\u00e2\u20ac\u009d<\/p>\n

He out\u00c2\u00adlined that cap\u00c2\u00adi\u00c2\u00adtal costs vary by is\u00c2\u00adland, de\u00c2\u00adpend\u00c2\u00ading on stor\u00c2\u00adage, han\u00c2\u00addling and port in\u00c2\u00adfra\u00c2\u00adstruc\u00c2\u00adture, but re\u00c2\u00adcent bids in\u00c2\u00addi\u00c2\u00adcate methanol can be com\u00c2\u00adpet\u00c2\u00adi\u00c2\u00adtive with his\u00c2\u00adtor\u00c2\u00adi\u00c2\u00adcal diesel pric\u00c2\u00ading. In one case, Knipe cit\u00c2\u00aded the long-term methanol price as be\u00c2\u00ading aligned with the low\u00c2\u00ader end of diesel prices record\u00c2\u00aded over the past five years.
He stat\u00c2\u00aded de\u00c2\u00adploy\u00c2\u00adment time\u00c2\u00adlines al\u00c2\u00adso favour con\u00c2\u00adver\u00c2\u00adsion projects. Many Caribbean util\u00c2\u00adi\u00c2\u00adties op\u00c2\u00ader\u00c2\u00adate ex\u00c2\u00adist\u00c2\u00ading en\u00c2\u00adgines, of\u00c2\u00adten W\u00c3\u00a4rt\u00c2\u00adsil\u00c3\u00a4 units that can po\u00c2\u00adten\u00c2\u00adtial\u00c2\u00adly be con\u00c2\u00advert\u00c2\u00aded to run on methanol.
\u00e2\u20ac\u0153Con\u00c2\u00adver\u00c2\u00adsions of\u00c2\u00adfer a faster route to mar\u00c2\u00adket,\u00e2\u20ac\u009d Knipe said. \u00e2\u20ac\u0153You avoid in\u00c2\u00adstalling en\u00c2\u00adtire\u00c2\u00adly new as\u00c2\u00adsets, which can re\u00c2\u00adduce time\u00c2\u00adlines to one or two years, com\u00c2\u00adpared with two to three years for new gen\u00c2\u00ader\u00c2\u00ada\u00c2\u00adtion.\u00e2\u20ac\u009d<\/p>\n

Gas pric\u00c2\u00ading, ex\u00c2\u00adports and for\u00c2\u00adeign ex\u00c2\u00adchange<\/p>\n

The strat\u00c2\u00ade\u00c2\u00adgy un\u00c2\u00adfolds along\u00c2\u00adside on\u00c2\u00adgo\u00c2\u00ading ne\u00c2\u00adgo\u00c2\u00adti\u00c2\u00ada\u00c2\u00adtions be\u00c2\u00adtween Pro\u00c2\u00adman and the Na\u00c2\u00adtion\u00c2\u00adal Gas Com\u00c2\u00adpa\u00c2\u00adny over new gas sup\u00c2\u00adply con\u00c2\u00adtracts. Thomp\u00c2\u00adson ac\u00c2\u00adknowl\u00c2\u00adedged that gas pric\u00c2\u00ading in\u00c2\u00adflu\u00c2\u00adences methanol com\u00c2\u00adpet\u00c2\u00adi\u00c2\u00adtive\u00c2\u00adness in ex\u00c2\u00adport mar\u00c2\u00adkets but em\u00c2\u00adpha\u00c2\u00adsised the im\u00c2\u00adpor\u00c2\u00adtance of main\u00c2\u00adtain\u00c2\u00ading a vi\u00c2\u00adable val\u00c2\u00adue chain.
\u00e2\u20ac\u0153The dis\u00c2\u00adcus\u00c2\u00adsions are about en\u00c2\u00adsur\u00c2\u00ading every\u00c2\u00adone in the val\u00c2\u00adue chain earns a re\u00c2\u00adturn while keep\u00c2\u00ading the busi\u00c2\u00adness eco\u00c2\u00adnom\u00c2\u00adi\u00c2\u00adcal\u00c2\u00adly vi\u00c2\u00adable,\u00e2\u20ac\u009d she said, ex\u00c2\u00adpress\u00c2\u00ading con\u00c2\u00adfi\u00c2\u00addence that pro\u00c2\u00adduc\u00c2\u00adtion can con\u00c2\u00adtin\u00c2\u00adue while new mar\u00c2\u00adket op\u00c2\u00adpor\u00c2\u00adtu\u00c2\u00adni\u00c2\u00adties are de\u00c2\u00advel\u00c2\u00adoped.
Be\u00c2\u00adyond en\u00c2\u00ader\u00c2\u00adgy se\u00c2\u00adcu\u00c2\u00adri\u00c2\u00adty, the ini\u00c2\u00adtia\u00c2\u00adtive car\u00c2\u00adries im\u00c2\u00adpli\u00c2\u00adca\u00c2\u00adtions for for\u00c2\u00adeign ex\u00c2\u00adchange in\u00c2\u00adflows. Knipe not\u00c2\u00aded that rev\u00c2\u00adenue time\u00c2\u00adlines de\u00c2\u00adpend on project type, with con\u00c2\u00adver\u00c2\u00adsions of\u00c2\u00adfer\u00c2\u00ading ear\u00c2\u00adli\u00c2\u00ader ex\u00c2\u00adport po\u00c2\u00adten\u00c2\u00adtial than green\u00c2\u00adfield in\u00c2\u00adstal\u00c2\u00adla\u00c2\u00adtions.
Mar\u00c2\u00adket di\u00c2\u00adver\u00c2\u00adsi\u00c2\u00adfi\u00c2\u00adca\u00c2\u00adtion is al\u00c2\u00adso a dri\u00c2\u00adving fac\u00c2\u00adtor. Trade mea\u00c2\u00adsures, tar\u00c2\u00adiffs, CBAM and an\u00c2\u00adti-dump\u00c2\u00ading du\u00c2\u00adties have in\u00c2\u00adcreased costs and com\u00c2\u00adplex\u00c2\u00adi\u00c2\u00adty in tra\u00c2\u00addi\u00c2\u00adtion\u00c2\u00adal mar\u00c2\u00adkets, par\u00c2\u00adtic\u00c2\u00adu\u00c2\u00adlar\u00c2\u00adly in Eu\u00c2\u00adrope and parts of North Amer\u00c2\u00adi\u00c2\u00adca.
\u00e2\u20ac\u0153If we can sell in\u00c2\u00adto Cari\u00c2\u00adcom mar\u00c2\u00adkets and ben\u00c2\u00ade\u00c2\u00adfit from trade agree\u00c2\u00adments, that im\u00c2\u00adproves net\u00c2\u00adback prices for the coun\u00c2\u00adtry,\u00e2\u20ac\u009d Thomp\u00c2\u00adson said. \u00e2\u20ac\u0153The same tonne of methanol earns more be\u00c2\u00adcause ship\u00c2\u00adping costs are low\u00c2\u00ader and tar\u00c2\u00adiffs don\u00e2\u20ac\u2122t ap\u00c2\u00adply.\u00e2\u20ac\u009d
While methanol ex\u00c2\u00adports to the Unit\u00c2\u00aded States have de\u00c2\u00adclined, re\u00c2\u00adcent Gov\u00c2\u00adern\u00c2\u00adment en\u00c2\u00adgage\u00c2\u00adment has helped roll back some tar\u00c2\u00adiffs on oth\u00c2\u00ader prod\u00c2\u00aducts, in\u00c2\u00adclud\u00c2\u00ading fer\u00c2\u00adtilis\u00c2\u00aders, eas\u00c2\u00ading pres\u00c2\u00adsure on parts of the en\u00c2\u00ader\u00c2\u00adgy val\u00c2\u00adue chain.
For Pro\u00c2\u00adman and Pow\u00c2\u00ader32, methanol\u00e2\u20ac\u2122s evo\u00c2\u00adlu\u00c2\u00adtion from an in\u00c2\u00addus\u00c2\u00adtri\u00c2\u00adal in\u00c2\u00adput to a tran\u00c2\u00adsi\u00c2\u00adtion fu\u00c2\u00adel rep\u00c2\u00adre\u00c2\u00adsents both a com\u00c2\u00admer\u00c2\u00adcial piv\u00c2\u00adot and a strate\u00c2\u00adgic move. The bet is that clean\u00c2\u00ader com\u00c2\u00adbus\u00c2\u00adtion, re\u00c2\u00adgion\u00c2\u00adal sup\u00c2\u00adply, long-term pric\u00c2\u00ading and in\u00c2\u00adte\u00c2\u00adgrat\u00c2\u00aded de\u00c2\u00adliv\u00c2\u00adery can po\u00c2\u00adsi\u00c2\u00adtion T&T once again as a crit\u00c2\u00adi\u00c2\u00adcal en\u00c2\u00ader\u00c2\u00adgy sup\u00c2\u00adpli\u00c2\u00ader this time in a low\u00c2\u00ader-car\u00c2\u00adbon Caribbean fu\u00c2\u00adture.<\/p>\n<\/div>\n

Andrea Perez-Sobers
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An\u00c2\u00addrea Perez-Sobers Se\u00c2\u00adnior Re\u00c2\u00adporter an\u00c2\u00addr***************<\/span>@*********<\/span>co.tt<\/span> As the glob\u00c2\u00adal en\u00c2\u00ader\u00c2\u00adgy sec\u00c2\u00adtor ac\u00c2\u00adcel\u00c2\u00ader\u00c2\u00adates its shift away from high-car\u00c2\u00adbon fu\u00c2\u00adels, T&T\u00e2\u20ac\u2122s largest methanol pro\u00c2\u00adduc\u00c2\u00ader is repo\u00c2\u00adsi\u00c2\u00adtion\u00c2\u00ading one of its longest-stand\u00c2\u00ading prod\u00c2\u00aducts for a new role. Switzer\u00c2\u00adland-head\u00c2\u00adquar\u00c2\u00adtered Pro\u00c2\u00adman is ad\u00c2\u00advanc\u00c2\u00ading methanol as a low\u00c2\u00ader-emis\u00c2\u00adsion tran\u00c2\u00adsi\u00c2\u00adtion fu\u00c2\u00adel that can be de\u00c2\u00adployed be\u00c2\u00adyond chem\u00c2\u00adi\u00c2\u00adcals and man\u00c2\u00adu\u00c2\u00adfac\u00c2\u00adtur\u00c2\u00ading, with ap\u00c2\u00adpli\u00c2\u00adca\u00c2\u00adtions in trans\u00c2\u00adport and<\/p>\n","protected":false},"author":1,"featured_media":889370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[378,395],"tags":[8652,7905],"class_list":{"0":"post-889369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-changing","9":"tag-business","10":"tag-changing"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=889369"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/889370"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=889369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=889369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=889369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}