Exploration & Production

Trinidad to end production decline by 2019

Trinidad and Tobago is expected to break the trend of declining gas production in 2019 as a result of new gas discoveries and recently sanctioned projects.
By Staff reporter 11 July 2017 0 26714

Trinidad and Tobago will break the trend of declining gas production in 2019 as a result of new gas discoveries and recently sanctioned projects, according to a study by Oslo-based energy consultancy Rystad Energy.

"We expect to receive more good news from Trinidad in the years to come," Kjetil Solbraekke, Rystad’s senior vice president for South America, was quoted as saying by local press.

Trinidad’s average gas production fell by 1.3% in Q1 2017 compared with 2016 as a whole, according to data from the Ministry of...