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