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Trinidad and Tobago is the largest LNG exporter country in Latin
America, taking advantage in the past of its abundant offshore
natural gas reserves. Nevertheless, gas field sizes typically are
consistent and modest in a global context and additional
discoveries above 5 Tcf of recoverable gas resource are considered
to be unlikely. Looking forward, the scenario can be unsettling as
Trinidad and Tobago is projected to face a steep decline in
domestic gas supply by the mid-2020s. Two important material
opportunities exist that could arrest the decline and offset
potential shortage, yet costs and above-ground issues require
attention. In this quick video, we talk about the natural gas
supply in Trinidad and Tobago and how we envision the challenges
the country will have to overcome.
