Investment in education is key to ensuring that Guyana’s reaps the maximum benefits from its nascent petroleum industry and this would also boost other sectors of the economy and ensure all citizens benefit, a top Trinidad oil industry official has said.
“One of the key ways that the State can ensure that all its citizens benefit from the development of the country’s energy sector is by creating strategic linkages between the energy and non-energy sectors. In this regard, the link between the energy sector and education sector is critical. The global energy sector operates in a highly competitive international environment. As a result, the local Guyanese energy industry will have to achieve and maintain international performance standards,” Professor Andrew Jupiter, the Chairman of the Board of Directors of Trinidad and Tobago’s state oil company Petrotrin told a packed house at the Pegasus Hotel on Friday.
Scores of Guyanese turned out to hear a lecture by the University of the West Indies professor on ‘The importance of education in the development of the oil and gas sector – experiences and perspectives of Trinidad and Tobago.’ The lecture was hailed as timely as the country looks to exploit huge oil reserves discovered by American oil company ExxonMobil offshore last year and this year. Exploration activities are continuing.
