The second stage, which has not been approved yet, will involve the construction of 22 natural gas stand-alone stations and the installation of pumps in existing fueling sites. The Minister also explained that when both phases come on stream the price of CNG would be reduced.
“The benefit is a saving in subsidy for the Government. In 2012, the fuel subsidy was $404 billion. If we reduce it we can do other things. It would also free up the fuel usually used locally for export. Besides, CNG is a low carbon fuel, known as a green fuel,” Ramnarine said.
Source: Government of the Republic of Trinidad and Tobago