Atlantic LNG

Driver: Gas shortfall could affect growth

The fate of T&T’s con­tin­ued eco­nom­ic growth could be par­tial­ly hinged on the suc­cess of BPTT and At­lantic find­ing a so­lu­tion to the short­fall in gas sup­ply that is pro­ject­ed in 2020/2021, as fail­ure could hurt the coun­try’s rev­enue stream.

Asked about the worst-case sce­nario fol­low­ing BPTT’s re­cent dis­ap­point­ing drilling at two in­fill wells yes­ter­day, En­er­gy Cham­ber CEO Dr Thack­wray Dri­ver told Guardian Me­dia that it could lead to At­lantic’s Train 1 be­ing moth­balled.

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.

Atlantic: No one injured in plant fire

Atlantic LNG has assured that no one was injured in the fire at its Point Fortin plant today.

A turbine generator caught fire prompting an evacuation.

The following is a statement by Atlantic LNG.

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.  


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.  

Atlantic LNG offers VSEP to workers

Yet another energy company is seeking to trim staff. This time Atlantic LNG is offering its workers early separation packages.

The following is Atlantic LNG's statement.

"Atlantic will on June 14 2017, make a Voluntary Separation of Employment Package available to permanent employees.

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.