Trinidad hopes for divine intervention

Trinidad and Tobago’s Angelin field looks the country’s best hope for saving its gas production. But Port of Spain is struggling to close the deal Trinidad and Tobago’s Angelin field looks the country’s best hope for saving its gas production. But Port of Spain is struggling to close the deal.
By The Wildcat 13 April 2017 0 25483
A platform offshore Trinidad. The country may have only eight years of gas reserves remaining. (BG Group)

"God is a Trini," said former Trinidadian Prime Minister Kamla Persad-Bissessar in 2012, clutching two jars of freshly discovered crude oil. But the supply-strapped country’s best hope of deliverance may now lie with the Angelin gas field.

Trinidad & Tobago’s National Gas Co. (NGC) is close to an agreement with BP’s local unit (BPTT) for the development and monetisation of Angelin, which is about 40 km off the east coast of Trinidad.

The country desperately needs to close the deal. Gas production by BPTT, Shell, EOG...

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