Press Release – GORTT 1b Negotiations

Execution of Various Contracts Negotiated by the GORTT Empowered Negotiation Team and BPTT- Phase 1b

The Honourable Minister of Energy and Energy Industries announces the agreement ( the Licence Extension Agreement) among the Government of the Republic of Trinidad and Tobago, BP Trinidad and Tobago LLC and Co- Licencees, EOG Resources Trinidad Limited, Perenco T &T Limited and its Co-Licencees, the National Gas Company of Trinidad and Tobago Limited and Heritage Petroleum Limited, on licence extensions to Teak, Samaan and Poui Exploration and Production licences and with BP Trinidad and Tobago LLC on its East Mayaro Exploration and Production Licence.