Stuart Young, Trinidadian energy minister
Trinidad and Tobago pushes for revival in upstream fortunes
Woodside, BP and Shell are among the companies actively pursuing gas developments in the country’s waters
Trinidad and Tobago appears to be having success in attracting renewed upstream investment, although it will likely still be some time before sufficient additional production comes online to alleviate the country’s gas feedstock supply issues. And the island nation is also keen to emphasise that recent US sanctions on Venezuela still leave room for the development of the Dragon gas field, which is integral to Trinidad and Tobago’s plans to shore up its LNG industry. Executives from Australian LNG giant Woodside met the Trinidadian authorities earlier in May to discuss the Calypso development. Stuart Young, minister of energy and energy industries, issued a statement saying that “both parties
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
