St. Kitts & Nevis project creating jobs in the region

Alexander Richter 24 Mar 2009

The geothermal development in St Kitts and Nevis is likely to see job creation in the region. The company developing geothermal in this Caribbean island state is now “seeking workers and material from Trinidad & Tobago to support its multi-million dollar exploration programme in the Caribbean”, so reported in local papers.

“Chief operating officer of West Indies Power Services Ltd, Bobby Tinsley, told (in a recent) luncheon of the South Trinidad Chamber of Industry and Commerce at Cara Suites Hotel, La Romaine, that in the next 50 years geothermal energy will account for 20 per cent of world energy.

… Tinsley said the company was seeking help in TT because of this country’s closeness to St Kitts-Nevis and its ability to supply the needed materials.
“TT is well informed in the oil and gas industry and most of our technology comes from that industry,” he said.

“We need things like pipes, mud, cement, some directional hands, floor hands, raft-abouts.” He said TT could benefit as much as 30 per cent of their exploration project which will run into hundreds of millions of dollars. He said that one well cost close to five million and the company is looking at drilling as many as 100 wells throughout the Caribbean. Depending on the demand for the energy, he said the project could run into billions of dollars.

He said the company had completed the exploration phase in Nevis and was about to move into Saba island, then Dominica. Tinsley said the company expected to begin drilling on June 1 and producing power in Nevis by the end of the first quarter of 2010. He said that over the next five years the company expected to have five rigs up and running.”

Source: Guardian Trinidad & Tobago