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2 clusters · 6 sources · 4 days · First seen · Last updated

Trinidad and Tobago natural gas development

Overview

Trinidad and Tobago is advancing several natural gas development projects to bolster domestic supply and export capacity. The National Gas Company (NGC) has secured the title deed for the Beachfield gas-processing facility in Guayaguayare, resolving a long-standing land dispute. This acquisition facilitates the Manatee offshore gas development, a project led by Shell Trinidad involving the trans-border Loran-Manatee field shared with Venezuela. Production for the Manatee project is expected to begin in 2027.

In a separate development, the NGC has agreed to purchase a 20% stake from BP in the Trinidad portion of the Cocuina-Manakin natural gas field. This cross-border field, which straddles the maritime boundary between Trinidad and Tobago and Venezuela, contains an estimated 1 trillion cubic feet of reserves. The project aims to supply Atlantic LNG and the petrochemical sector, addressing recent output constraints caused by declining domestic gas supplies.

Entities

National Gas Company of Trinidad and Tobago · Shell · Gerald Ramdeen · BP · Shell Trinidad

Timeline

  1. about 1 month ago

    [BUSINESS] 2 sources
    BP sells 20% stake in Manakin gas field to Trinidad's NGC

    BP is selling a 20% stake in the Cocuina-Manakin natural gas field to Trinidad and Tobago’s National Gas Company to bolster regional energy supplies.

  2. about 1 month ago

    [BUSINESS] 4 sources
    Trinidad and Tobago's National Gas Company Secures Beachfield Site to Push Manatee Gas Project

    NGC chairman Gerald Ramdeen criticised past policies while NGC secured the Beachfield site, enabling Shell’s Manatee offshore gas project slated for 2027 production.

Sources

el-carabobeno.com · oedigital.com · portalportuario.cl · trinidadexpress.com · ttt.live · worldenergynews.com