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Trinidad gas supplier announced new deals with producers
Platts
Port of Spain
Petroleumworld.com 02 15 06
State-owned National Gas Co. (NGC) Monday said it has concluded
negotiations with a BHP Billiton consortium, EOG Resources and a BG/Chevron
grouping for the supply of 550 million Mcf/d of natural gas beginning in
2009-2010.The supplies, NGC said in a statement, will boost the volume of gas it
sells to over 2.1 Bcf/d by 2010.The BHP Billiton consortium will supply 220 million Mcf/d of gas from
either the offshore Block C or the Greater Angostura oil and gas field where
the joint venture, comprising BHP Billiton, Talisman and Total have been
producing liquid hydrocarbons since January 2005
.
EOG Resources will supply 110 million Mcf/d of gas from its Block 4a. The
agreement with BG/Chevron is for a gas supply of 220 million Mcf/d beginning
in 2009. NGC said the deal represents further commercialization of gas
reservoirs in the East Coast Marine area, which currently supplies 275 million
Mcf/d to NGC under a long-term agreement.NGC said these agreements represented a major step forward in meeting the
gas requirements for the next wave of petrochemicals, metals and other
industrial plants scheduled to come on stream in the 2009-2010 period.For more news, request a free trial to Platts Oilgram News at
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http://www.platts.com/infostore/product_info.php?cPath=1_29&products_id=29Platts 14 02 07
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