Trinidad and tobago Archives - Panorama Insurance Brokers

T&T state-owned oil and gas firm exposes recruitment racket, police alerted

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Touchstone confirms ‘liquids rich’ natural gas discovery in Trinidad and Tobago

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Concern mounting about future of T&T’s gas industry as Proman idles plants

‘,};function wppasReloadBnr_wp6067024f890f3(){ jQuery(“.wp6067024f890f3”).wppas_show({bid: 45372,bw: jQuery(“.b_cont_wp6067024f890f3″).width(),effect:””,html: bhtml_wp6067024f890f3,scale: 1,timeline_arr: {“1200”:{“wp9sat6_image”:{“ID”:”wp9sat6_image”,”css”:{“layer”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”item”:[]},”font”:[],”animation”:[],”data”:{“object”:”image”,”type”:”image”,”itm”:”image”,”icon”:”“,”src”:”https:\/\/oilnow.gy\/wp-content\/uploads\/2020\/10\/oilnow-business.png”,”attach_id”:45370,”layer_css”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”itm_css”:[]},”zindex”:6,”v”:”522″}},”main”:{“alphaID”:”bK5x8V”},”v”:”530″},ID:45372,alphaID:”bK5x8V”,size:”728×120″,w:728,h:120,status:”active”,advertiser:9578,campaign:””,contract:””,duration:””,showhide:0,scale_banner:1,keep_aspect_ratio:1,no_follow:0,});}jQuery(document).ready(function($){$(window).load(function() {wppasReloadBnr_wp6067024f890f3();});}); Concern is mounting in Trinidad and Tobago about the future of the country’s gas industry following the inability of the National Gas Company (NGC) and Methanol Holdings (Trinidad) Limited/Proman to successfully conclude negotiations on a new gas supply contract. “Despite our very best efforts throughout March,… Read More

Former TT energy minister explains why Guyana is poised to become regional powerhouse and is ‘at the beginning of its gas story’

Since oil production began in Trinidad and Tobago (T&T) in 1908 and the commercialization of natural gas, which started later, in the 1950s, the country’s economy has grown, making it one of the most prosperous in the CARICOM region. Today, T&T generates all of its electricity from natural gas with a significant portion being used… Read More

Trinidad LNG industry in decline as Guyana eyes pipeline with regional export potential

Trinidad and Tobago (TT) is one of the region’s largest producers and suppliers of Liquified Natural Gas (LNG), however, the twin-island republic has been experiencing a steady decline over the years. Now, analysts are reporting a more worrying future for Trinidad’s LNG industry—one that would likely see the country having to turn to other suppliers…. Read More

First of its kind gas to liquids plant opens in Trinidad & Tobago

NiQuan Energy’s Gas to Liquids plant, located at Pointe-à-Pierre, was declared open this week by Prime Minister of Trinidad and Tobago, Dr Keith Rowley. The plant has a nameplate capacity of 2,400 barrels per day and produces high performance, low emissions energy products; GTL Paraffinic Diesel and GTL Naphtha, from natural gas. According to reports,… Read More

Guyana, Suriname leading Caribbean drilling – what about T&T?

Originally published in the Geological Society of Trinidad and Tobago (GSTT) HAMMER Magazine – February 2021 The CARICOM region is now one of the hot spots globally for oil and gas activity, with most of the drilling taking place in Guyana and Suriname. Combined, they will have at least 9 rigs operating during 2021. Grenada and… Read More

Disappointment for Trinidad as BHP confirms dry hole at Broadside-1

Australian based petroleum company BHP confirmed on Wednesday that it failed to encounter hydrocarbons at the Broadside-1 exploration well in Trinidad and Tobago. “In Trinidad and Tobago, the Broadside-1 exploration well in the Southern Licence reached the main reservoir on October 22, 2020 and did not encounter hydrocarbons,” the company said in an operation review for… Read More

Guyana initiates meeting with Trinidad and Tobago to discuss trade barriers

Just a month after Guyana’s President, Dr. Irfaan Ali, vowed to ensure that trade barriers between the new oil producing country and its CARICOM neighbours were removed, a virtual Joint Ministerial Trade and Agricultural Meeting with Trinidad and Tobago was convened to discuss difficulties Guyana has been facing with market access to the twin island… Read More

Trinidad made list of errors to avoid; then committed all – Dr. Hosein

In an effort to ensure it did not suffer the fate of many resource rich countries around the world, Trinidad and Tobago carefully outlined the errors that should be avoided in the management of petroleum revenue; but then proceeded to commit every one. This view has been shared by Trinidadian Economist, Dr. Roger Hosein, who… Read More