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Markets & Forecasts

Trinidad treads fine line between LNG and petchems

The risk of Trinidad shutting down part of its liquefaction capacity looms large as feedstock gas supplies remain constrained and competition from the petrochemical sector is ratcheting up The risk of Trinidad shutting down part of its liquefaction capacity looms large as feedstock gas supplies remain constrained and competition from the petrochemical sector is ratcheting up.
By Abhishek Kumar 22 July 2019 Americas / Exploration & Production 0 34412
Trinidad has struggled to fully utilise its LNG and petrochemical production capacity despite rising gas output. (Methanex)

Trinidad & Tobago’s gas sector is in flux, and the government will have to make a delicate balance between exports of LNG and petrochemicals. Gas plays a vital role in Trinidad – it is not only the country’s main source of primary energy supply but also an important source of export revenue.

Trinidad uses most of its gas output to produce LNG and petrochemicals such as ammonia and methanol, and a small proportion of the gas produced is used by other domestic sectors. The country became...