Trinidad’s Dec LNG production highest since Mar 2015

Atlantic LNG storage tank (Image courtesy of BP)

Trinidad and Tobago’s liquefied natural gas production rose 14 percent year-on-year in December to 2.6 million cubic meters.

This was the highest monthly LNG production since March in 2015 when Atlantic LNG’s Point Fortin facility produced 2.68 million cubic meters, according to the data by Trinidad’s Ministry of Energy.

As reported by LNG World News in November, Trinidad’s LNG production started gradually to pick up last year helped by new upstream gas developments such as BP’s Juniper project and the onshore compression project.

These new developments are helping Trinidad get back on track in reversing the negative trend in domestic gas production.

LNG sales and deliveries from Atlantic LNG’s 14.8 mtpa export facility came to 59.1 million MMBtu in the month under review, a rise of 13.8 percent on year, the data showed.

Trinidad’s gas production increased 11.3 percent in December, averaging 3.81 Bcf/d. This was the highest monthly volume since December 2015.

A rising trend in the country’s gas production started in July and continued to December with the exception of October when the production dropped 6.8 percent on year, the ministry’s data said.

In the January-December period, Atlantic LNG’s plant produced 25 million cubic meters, up 2.7 percent on year, while LNG sales and deliveries rose 2.3 percent reaching 564.6 million MMBtu.

Atlantic produces LNG from natural gas delivered from offshore fields north and east of Trinidad owned and operated by affiliates of the company’s members and others.

The LNG producing company is owned by BP, Shell, China’s sovereign wealth fund CIC unit Summer Soca and Trinidad’s state-owned company NGC.

 

LNG World News Staff

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