Atlantic LNG

New Atlantic CEO: T&T still has LNG advantage

New Atlantic CEO Dr Philip Mshelbila says T&T’s competitive advantage in LNG will allow it to continue capitalizing on opportunities in the global LNG business.

Speaking at the LNG production company’s 10th annual CEO’s Awards event at the Hyatt Regency, Dr Mshelbila explained that T&T as a world class player in the LNG industry has benefited from the foresight of establishing a flourishing midstream and downstream gas sector over the last 20 years. “Many other resource-rich countries simply focused on the upstream,” Dr Mshelbila said.

Gas leak at Atlantic LNG; workers evacuated before all-clear given

Atlantic LNG's Point Fortin plant has been evacuated as a result of a gas leak.

The company said in a statement that at around 11 am today there was a hydrocarbon release at Atlantic’s Point Fortin facility.  

SEE VIDEO BELOW

It said the company’s response and safety systems immediately activated as per their design and all staff at the facility were evacuated as a precautionary measure.  

LNG production at Atlantic LNG down 9 percent

Liquefied Natural Gas (LNG) production at Atlantic LNG totalled 2.2 million cubic metres in January, down 9% year on year, according to a bulletin released Tuesday by Trinidad and Tobago’s Energy Ministry.

Production at the Point Fortin, Trinidad, facility continues to be far short of capacity as a result of curtailments by natural gas producers.

The shortfall, caused by upgrades to gas infrastructure and decreased upstream investment by energy companies, is expected to continue through at least this year, according to industry officials.

Pages