Supply & Demand

Downbeat outlook for Trinidad’s LNG exports

Trinidad will struggle to boost buyer appetite for its LNG and will face bigger problems as the bulk of its long-term supply contracts start to expire Trinidad will struggle to boost buyer appetite for its LNG and will face bigger problems as the bulk of its long-term supply contracts start to expire.
By Abhishek Kumar 4 May 2017 0 25771
LNG storage, Trinidad & Tobago. (Repsol)

Directional impact on forecast:
Negative on LNG exports from Trinidad

Declining gas production in Trinidad & Tobago has reduced LNG exports from the island nation, but other equally potent factors could dampen the country’s market prospects in the medium-to-long term.

Trinidadian cargoes are already facing strong competition from the likes of the United States and Australia, and the challenge is set to become even tougher as the bulk of Trinidad’s long-term LNG supply contracts are due to expire over the coming years.

Trinidad’s weak economic outlook...