Today is a historic occasion. It is the first time that Annual Natural Gas Audit Results are presented alongside the launch of a bid-round. It is my pleasure to welcome you to this momentous event at which the Results of Natural Gas Audit for the year ended December 31, 2020 will be presented and then be followed by the launch of the 2021 Deep-water Bid Round. Following the launch of the deep-water bid round I am available to take a few questions from the media on both presentations.

Ladies and Gentlemen, welcome to the Results of the Annual Audit of the Non-Associated Natural Gas Reserves and Resources of Trinidad and Tobago for Year End 2020. We are ending 2021 as we began it, by announcing the results of another successfully completed gas audit. This is in keeping with Government’s policy to communicate transparently and openly with the public and to foster a deeper understanding of the country’s hydrocarbon resources that remain the driving force of the economy.