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Markets & Forecasts

Trinidad facing difficult LNG terrain

Trinidad has high hopes for upstream projects such as Angelin, but the country will need to do much more to defend its share of the LNG market amid growing competition Trinidad has high hopes for upstream projects such as Angelin, but the country will need to do much more to defend its share of the LNG market amid growing competition.
By Abhishek Kumar 21 March 2019 Americas / Supply & Demand 0 34061
Falling demand for LNG in the Americas means Trinidad will need to look elsewhere for new customers. (Repsol)

Trinidad & Tobago aspires to remain a key global supplier of LNG, not least because its exports of the fuel are a vital source of revenue for the country. Trinidad has brought key upstream projects online in the past few years to ensure the ample availability of feedstock gas for LNG exports, and it has plans for more development in the next decade for the same purpose. Nevertheless, the country has had limited success in tapping major LNG buyers in Asia, and competition in the...