Big natural gas find off Trinidad
(Trinidad Express) BP Trinidad and Tobago (bpTT) has made an estimated 1 trillion cubic feet (tcf) natural gas discovery off Trinidad’s south east coast, the company said in a release on Monday.
The UK-headquartered energy giant is the largest producer of natural gas in the country, with 54.88 per cent of market share in 2011.
bpTT’s parent company BP made the announcement on Monday in London, England, during a meeting between Energy Minister Kevin Ramnarine and Trinidad and Tobago’s High Commissioner to London, Garvin Nicholas and BP representatives, among them Executive Vice President–Production Bob Fryar, Executive Vice President—Developments Bernard Looney and bpTT President Norman Christie.
“This is exciting news for both bpTT and the industry since this represents the largest discovery for bpTT since 2005,” said Christie.