Government negotiates royalties with BP

Friday, March 31, 2017 - 16:45

It's a hundred million US dollar agreement due to expire in 2017 and the government just negotiated the new royalties to be paid to the state by multinational energy company BP.

But as one energy insider tells us, the issue of royalties has been a sore point for the company credited as the major force in T&T's leap from oil to gas.