Policy & Regulation

US Jones Act serves Trinidadian interests

US producers cannot meet the country’s own demand for LNG because of a First World War-era protectionist law. It is good news for nearby Trinidad and Tobago US producers cannot meet the country’s own demand for LNG because of a First World War-era protectionist law. It is good news for nearby Trinidad and Tobago.
By The Wildcat 15 August 2018 0 32155
The Altlantic LNG plant in Trinidad. Trinidad’s Atlantic LNG plant. (Shell)

Trinidad and Tobago is an indirect winner from a protectionist United States law called the Jones Act that restricts commerce between the US ports. Trinidad has supplied 100 of the 105 LNG cargoes imported by the US since 2016, according to Department of Energy data. 

US LNG producers cannot supply active terminals in the country’s energy-hungry northeast because of the Jones Act, which requires the use of US-built, US-owned and US-crewed ships on domestic voyages. There are currently no Jones Act-eligible tankers that...