A BIT for a GAS RUSH License looks like this...

The T&T Bilateral Investment Treaty (BIT) with the United States came into force in 1996, and covers the following areas:

Treatment of investment: requires that the treatment of foreign investments is no less favorable than that accorded to domestic investments ("national treatment").

Expropriation: prohibits expropriation or nationalization of an investment without just compensation.

Compensation for damages: requires national treatment for investments suffering losses from war and similar events.

Transfers: permits financial transfers relating to investments to be made freely and without delay into and out of each country's territory.

Performance requirements: prohibits performance requirements as a condition for investment.

Alien entry: liberalizes certain visa regimes relating to entry, sojourn and employment of aliens for establishment and operation of investments of substantial capital amounts.

Dispute settlement: provides for dispute resolution alternatives, including binding arbitration.

Economic reform, and trade and investment liberalization have led to substantial foreign investment inflows. The U.S. continues to be the single largest foreign investor in Trinidad and Tobago. Other large foreign investors include the United Kingdom (petroleum and financial services), Canada (petroleum, petrochemicals and financial services), Germany (petrochemicals), India (iron/steel), Norway (petrochemicals), Australia (petroleum) and Spain (petroleum). The bulk of foreign investment is in the country’s lucrative energy-based sectors.

(taken from website of US Department of State, 2005)

Read on the results are impressive...