Trinidad’s LNG production drops 8 pct in March

Trinidad’s LNG production drops 8 pct in March

Trinidad and Tobago’s liquefied natural gas (LNG) production has continued to decline due to ongoing gas supply shortfalls in the twin-island country.

LNG production at the Point Fortin liquefaction and export facility dropped to 1.94 million cubic meters in March as compared to 2.11 million cubic meters in the same month the year before, according to the data by Trinidad’s Ministry of Energy.

On the other side, LNG sales and deliveries from Atlantic’s 14.8 mtpa export facility came to 46 million MMBtu, a rise of 7 percent on year, the data showed.

Trinidad’s LNG production has been declining for two years due to gas shortages in the country caused by a lack of upstream investment and upgrades to gas infrastructure.

The country’s gas production dropped 9.5 percent on year, averaging 3.1 Bcf/d in March.

Worth mentioning, BP recently started up the Trinidad onshore compression (TROC) project providing additional volumes for Atlantic LNG plant.

When fully onstream, the onshore compression facility will have the potential to deliver approximately 200 million standard cubic feet of gas per day.

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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