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The Atlantic LNG Company of Trinidad and Tobago is a
liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volu ...
(LNG) producing company operating a liquefied natural gas plant in
Point Fortin Point Fortin, officially the Republic Borough of Point Fortin, the smallest Borough in Trinidad and Tobago is located in southwestern Trinidad, about southwest of San Fernando, in the historic county of Saint Patrick. After the discovery of p ...
,
Trinidad and Tobago Trinidad and Tobago (, ), officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago, and numerous much smaller islands, it is situated south of ...
. Atlantic LNG operates four liquefaction units (
trains In rail transport, a train (from Old French , from Latin , "to pull, to draw") is a series of connected vehicles that run along a railway track and transport people or freight. Trains are typically pulled or pushed by locomotives (often know ...
). Train 4, with a 5.2 million
tonnes The tonne ( or ; symbol: t) is a unit of mass equal to 1000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton to distinguish it from the non-metric units of the short ton ( United States ...
per year production capacity, is among the world's largest LNG trains in operation.


History

The Atlantic LNG project was started by Cabot LNG (now
Suez Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same boun ...
) in 1992. In 1993, Cabot LNG,
National Gas Company of Trinidad and Tobago The National Gas Company of Trinidad and Tobago Limited (NGC) is a state-owned natural gas company. It was created by the Government of Trinidad and Tobago in 1975. NGC is operating in the field of gas pipelines, industrial sites, gas production, ...
,
Amoco Amoco () is a brand of fuel stations operating in the United States, and owned by BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, a ...
and
British Gas plc British Gas plc was an energy and home services provider in the United Kingdom. It was formed when the British Gas Corporation was privatised as a result of the Gas Act 1986, instigated by the government of Margaret Thatcher and superseding the ...
signed the Memorandum of Understanding, and launched a feasibility study of the project. The Atlantic LNG company was formed in July 1995. Construction of the first train started in 1996, and the train was officially opened on 13 March 1999. The first cargo was loaded in April 1999. Train 2 started up on 12 August 2002, Train 3 on 28 April 2003, and Train 4 in December 2005. A feasibility study for the fifth train—Train X—was scheduled to be concluded by December 2007.


Technical features

The total production capacity of Atlantic LNG's four trains is around 14.8 million tonnes per year. The capacity of the Train 1 is 3 million tonnes per year, and the capacity of each of Trains 2 and 3 is 3.3 million tonnes per year. Train 4, which cost $1.2 billion, has a production capacity of 5.2 million tonnes per year. The total storage capacity of Atlantic LNG's facility is 524,000 cubic meters. The total investment of building four LNG trains was US$3.6 billion. The Train 1 is supplied from the BP-operated fields in the east coast of Trinidad through the NGC-Trinidad-and-Tobago-owned diameter pipeline. Train 2 is supplied from BP land (50%) off the east coast of Trinidad and from BG-operated land (50%) off the north coast (NCMA) through diameter pipeline. Train 3 receives 75% of its supply from BP land and 25% from a mix of NCMA gas (as with Train 2) and east coast gas (ECMA) held 50% by BG and 50% by
ChevronTexaco Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in Sa ...
. In 2021, BP Trinidad and Tobago informed the government of Trinidad and Tobago that due to gas production decline, there was insufficient gas to supply Train 1. The government decided despite spending US$250 million dollars on renovating the train to suspend operations for at least two years. Stabroek News:July 29th, 2021: Energy giant BP Trinidad alerts Trinidad government on major gas shortfall
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Shareholders

Atlantic LNG is owned by the
National Gas Company of Trinidad and Tobago The National Gas Company of Trinidad and Tobago Limited (NGC) is a state-owned natural gas company. It was created by the Government of Trinidad and Tobago in 1975. NGC is operating in the field of gas pipelines, industrial sites, gas production, ...
(NGC Trinidad and Tobago),
Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard o ...
, BP, and the Chinese Investment Corporation (CIC). The stakes in Train 1 are: * Shell (46%) * BP (34%) * National Gas Company of Trinidad and Tobago (10%) * Chinese Investment Corporation (10%) The stakes in Trains 2 and 3 are: * Shell (57.5%) * BP (42.5%) The stakes in Train 4 are: * Shell (51.1%) * BP (37.8%) * National Gas Company of Trinidad and Tobago (11.1%) In August 2007, the
Vedomosti ''Vedomosti'' ( rus, Ведомости, p=ˈvʲedəməsʲtʲɪ, ) is a Russian language, Russian-language business journalism, business daily newspaper published in Moscow. History ''Vedomosti'' was founded in 1999 as a joint venture between ...
newspaper reported, that BP has invited Russia's
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...
to take a stake in Atlantic LNG.


References


External links


Corporate website
{{coord, 10, 11, 2, N, 61, 41, 37, W, display=title Oil and gas companies of Trinidad and Tobago Liquefied natural gas plants BP subsidiaries BP buildings and structures Natural gas in Trinidad and Tobago Energy infrastructure in Trinidad and Tobago