Trinidad’s Jan LNG production hits three-year high

Trinidad and Tobago’s liquefied natural gas (LNG) production increased 20 percent year-on-year in January to 2.7 million cubic meters.

This was the highest monthly LNG production since January 2015 when Atlantic LNG’s Point Fortin facility produced 2.87 million cubic meters, according to the data by Trinidad’s Ministry of Energy.

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 61.3 million MMBtu in the month under review, a rise of 18 percent on year, the data showed.

Trinidad’s gas production increased almost 17 percent in January, averaging 3.90 Bcf/d. This was the highest monthly volume since March 2015, the ministry’s data said.

A rising trend in the country’s gas production started in July last year and continued to January with the exception of October when the production dropped 6.8 percent on year.

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