Trinidad’s LNG production climbs 29 pct in Nov
Trinidad and Tobago’s liquefied natural gas production rose 28.7 percent year-on-year in November, a positive sign for the twin-island country’s LNG export industry following years of decline due to gas shortfalls.
As reported by LNG World News in November, Trinidad’s LNG production started gradually to pick up this 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 production at Atlantic LNG’s Point Fortin liquefaction and export facility rose to 2.4 million cubic meters in November as compared to 1.8 million cubic meters the year before, according to the data by Trinidad’s Ministry of Energy.
LNG sales and deliveries from the 14.8 mtpa export facility came to 49 million MMBtu in the month under review, a rise of 26 percent on year, the data showed.
Trinidad’s gas production increased 14.2 percent in November, averaging 3.63 Bcf/d. This was the highest monthly volume since January 2016.
A rising trend in the country’s gas production started in July and continued to November with the exception of October when the production dropped 6.8 percent on year, the ministry’s data said.
In the January-November period, Atlantic LNG’s plant produced 22.5 million cubic meters, up 1.5 percent on year, while LNG sales and deliveries rose 1.7 percent reaching 505.5 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