Trinidad’s LNG production down in June

LNG production at Trinidad and Tobago’s sole liquefaction and export facility at Point Fortin has continued to decline in June due to ongoing gas supply shortfalls in the country.

Atlantic LNG’s 14.8 mtpa Point Fortin facility produced 2.0 million cubic meters in June, a drop of 15.2% as compared the same month last year, according to data by Trinidad’s Ministry of Energy.

LNG sales and deliveries from Atlantic LNG’s facility came to 44.2 million MMBtu declining 19.9 percent on year, the data showed.

Trinidad’s LNG production has been sinking for more than a year due to gas shortages in the country caused by a lack in upstream investment and upgrades to gas infrastructure.

According to the ministry’s data, Trinidad’s gas production dropped 13.8 percent on year averaging 3.3 Bcf/d in June.

To remind, BP Trinidad and Tobago (BPTT), a unit of the UK-based energy giant and Atlantic LNG recently announced they are moving ahead with the Trinidad onshore compression project.

When it comes on stream in 2017, the project has the potential to deliver approximately 200 million standard cubic feet of gas per day to the LNG export facility.

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

The 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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