Barbados and Trinidad sign gas exploration agreement

Barbados and Trinidad and Tobago have signed an MOU for gas exploration in a shared economic zone. Barbados Prime Minister, Mia Mottley, said the MOU is a commitment to cooperate in energy exploration in the offshore of both territories.

“Its only binding feature relates to the confidentiality of the data which we will access, and every country commits to keeping that data confidenti­al,” she disclosed.

“The MOU this morning allows us to cooperate in laying the groundwork for the two countries to act as one in encouraging investment in our…deep water. There will be two other levels of cooperation which will be required,” he stated.