Consultant’s Natural Gas Supply Report Not Favorable for Trinidad
Posted on Aug 29, 2007 in Liquefaction, Markets and Competition | Comments Off on Consultant’s Natural Gas Supply Report Not Favorable for Trinidad
Though it has not been publicly released by the government, a gas supply audit prepared for the government of Trinidad & Tobago is rumored to predict that gas production will peak in approximately nine years and begin to decline in the years following. One source with Atlantic LNG told World Gas Intelligence that the problem may stem from the government’s incentive program, not with a lack of natural gas supply. [Subscription required]
Further, Platts LNG Daily reports that BG will begin gas operations at a new processing facility to provide gas for the Atlantic LNG liquefaction plant within the next month. [Subscription required]