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Home›News›Trinidad’s LNG production continues to decline
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June 13, 2016 · about 10 years ago

Trinidad’s LNG production continues to decline

LNG production at Trinidad and Tobago’s sole liquefaction and export facility at Point Fortin declined 13 percent in April as compared to the year before. Atlantic LNG’s 14.8 mtpa Point Fortin facility produced 1.93 million cubic meters as compared to 2.24 million cubic meters in April last year, ac

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LNG production at Trinidad and Tobago’s sole liquefaction and export facility at Point Fortin declined 13 percent in April as compared to the year before.

Atlantic LNG’s 14.8 mtpa Point Fortin facility produced 1.93 million cubic meters as compared to 2.24 million cubic meters in April last year, according to data by Trinidad’s Ministry of Energy.

LNG sales and deliveries from Atlantic LNG’s facility came to 44.9 million MMBtu, a drop of 12 percent on year, the data showed.

Trinidad’s LNG production has been sinking for more than a year due to gas shortages in the country.

Trinidad’s gas production averaged 3.4 Bcf/d in April, down 6 percent on year, the data showed.

As reported by LNG World News earlier this month, Atlantic’s CEO Nigel Darlow said the company is “suffering badly” from gas supply shortages every day.

According to the CEO, the Atlantic plant is now at record low levels of utilisation and the company is “failing to deliver on its LNG commitments”.

Trinidad’s production of LNG was down 7 percent in 2015 to 28.9 million cubic meters when compared to the year before.

Atlantic produces the chilled fuel from natural gas delivered from offshore fields north and east of Trinidad owned and operated by affiliates of Atlantic’s members and others.

The 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

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