CGCL, JBIC and MEEI hold Discussions

On Wednesday 8 April 2026, Caribbean Gas Chemical Limited (CGCL) CEO, Keio Kato and Chief Administrative & Strategy Officer, Yasufumi Kawano, met with Minister in the Ministry of Energy and Energy Industries (MEEI), the Honourable, Ernesto Kesar, the Permanent Secretary (Ag.) Ava Mahabir Dass, and other MEEI representatives. The parties were joined by Yasukazu Oono and Ryuji Nakajima of the Japan Bank for International Cooperation (JBIC), along with representatives from Mitsubishi Gas Chemical (MGC) and Mitsubishi Corporation (MC).

The session focussed on CGCL’s FY2025 performance, its milestone achievement and highest annual production to date of 1.089 MT and improvements in energy efficiency at the facility. CGCL further shared an overview of the methanol market landscape and outlined ongoing efforts with key stakeholders to restructure the organisation’s economics for relative to long-term sustainability.

Minister Kesar reaffirmed the Government of Trinidad and Tobago’s commitment to facilitating investment and innovation in the energy sector, and emphasized the importance of fostering strategic partnerships with international financial institutions and investors.