116
Energy/Renewable Energy Alternatives
331.
For fiscal 2014 the National Energy Corporation (NEC) will continue to carry out
its mandate to develop, construct, operate and manage industrial estates, ports and marine
infrastructure to serve the country‟s vital downstream and upstream energy industries and
to attract direct foreign investments.
332.
An allocation of $196 million under the IDF in the 2014 PSIP will assist the
National Energy Corporation to carry out development works at the Union Estate and
Point Lisas South and East Industrial sites, and at the ports situated at Galeota and
Savonetta Pier 5. Works scheduled for the fiscal year will include:
continuation of drainage rehabilitation and improvements at Vessigny
River and Beach to alleviate flooding and site erosion affecting the Union
Industrial Estate
redesign of infrastructure and the completion of an Environmental Impact
Assessment (EIA) study for the Point Lisas South and East Industrial
Estate and EIA study to obtain CEC at Point Lisas North Industrial Estate
preliminary Design and EIA study for Savonetta Pier 5 and Brighton Port
expansion
completion of Phase I of construction of Galeota Port, including
construction of warehouses and office facilities, berth completion, utilities
and project management fees
333.
The
Multifuel Pipeline Project
being implemented by the National Gas Company
has been allocated the sum of $382 million under the IDF for scheduled completion in the
first quarter of fiscal 2014. The 10 inch diameter pipeline from Pointe-a-Pierre to the
Blue River Interchange, Caroni and another 8 inch pipeline to Piarco will ensure security
of supply, reduce transport by roadway tankers and also replace Trinidad and Tobago
National Petroleum Marketing Company Limited (NP) obsolete ocean tankers and aged
fuel loading gantries at Sea Lots and Pointe-a-Pierre. Works scheduled for completion in
fiscal year 2014 include:
completion of all mechanical and electrical infrastructure works to support
four (4) aviation fuel storage tanks at Piarco
installation and completion of all outstanding electrical and instrumentation
works to complete the facility at the Caroni Site
completion of any outstanding civil, electrical and mechanical works at
Pointe-a-Pierre West Refinery and contractual disbursements
334.
Renewable Energy and Energy Efficiency initiatives will continue to be actively
pursued by the Ministry of Energy and Energy Affairs with an allocation of $6.1 million
