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TT Chamber calls for phased approach to gas pricing
['Ryan Bachoo']
CNC3
The Trinidad and Tobago Chamber of Industry and Commerce has called for a phased approach to changes in natural gas pricing following an increase announced by the National Gas Company of Trinidad and Tobago.
The TT Chamber said manufacturers have operated under gas pricing arrangements set by the State as part of efforts to support diversification.
The TT Chamber said changes to energy and utility pricing should take place through dialogue, with attention to competitiveness, jobs and exports.
The TT Chamber said manufacturers account for about 1.5 per cent of gas usage while employing thousands of workers across more than 100 firms.
The TT Chamber said it remains engaged with members, the Government and other parties to reach outcomes that reduce strain on firms and households.