Trinidad’s Feb LNG production up 10 pct on year

Trinidad and Tobago’s liquefied natural gas (LNG) production increased ten percent year-on-year in February to 2.2 million cubic meters.

However, when compared to the month before, Atlantic LNG’s Point Fortin facility produced 19.1 percent less of the chilled fuel, according to the data by Trinidad’s Ministry of Energy.

To remind, the plant’s January LNG production hit its highest level since January 2015.

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 and are boosting LNG production at the country’s sole facility.

LNG sales and deliveries from Atlantic LNG’s 14.8 mtpa export facility came to 50 million MMBtu in the month under review, a rise of 20 percent on year, the ministry’s data showed.

Trinidad’s gas production increased almost 7 percent in February, averaging 3.63 Bcf/d.

A rising trend in the country’s gas production started in July last year and continued to February with the exception of October.

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