Trinidad gas plan expected next year

Wednesday, November 12, 2014

A road map that will help Trinidad and Tobago authorities with long-term natural gas sector planning is due by mid-2015.

In a statement, the energy ministry said it had awarded Poten & Partners a US$1.4mn, six- month contract to develop the 2014-24 master plan. The consultancy call was issued in April.

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The plan will include allocation of exploration acreage; identification of development concepts for deepwater gas; a review of current upstream contractual arrangements; and storage and use.

Poten will evaluate gas utilization portfolios for gas-based investments, including petrochemicals and their derivatives, LNG, CNG, plastics, metals, power generation and emerging technologies.

The consultancy will engage all energy stakeholders including upstream, mid-stream and downstream companies, the energy chamber, state enterprises and government agencies.

Ministry data reveals the country produced an average 4.11Bf3/d (116Mm3/d) of natural gas in January-August compared with 4.26Bf3/d in same-period last year. BPTT was the principal gas producer in the first eight months of this year, accounting for 52.3% of output.

The bulk of gas used this January-August went to LNG (57%), followed by ammonia production (14.8%), methanol production (14.2%) and power generation (7.97%).