News
Minister hints at gas project for Tobago
12/30/2012
By Shastri Boodan
December 2012
…proposed the construction of a gas-based project for Tobago that would see the production of compressed natural gas (CNG) from this gas field for export, Ramnarine said
A gas-processing industry is on the cards for Tobago. This was revealed by minister of energy and energy affairs Kevin Ramnarine. He was speaking with the T&T Guardian after the sod-turning ceremony to mark the start of the construction of a new building for Phoenix Park Gas Processors Ltd (PPGPL) at Rivulet Road, Couva.
Ramnarine said Centrica Energy Upstream (CEU) operates Block 22 off Tobago which contains a probable reserve of 1.2 trillion cubic feet of gas. He said CEU proposed the construction of a gas-based project for Tobago that would see the production of compressed natural gas (CNG) from this gas field for export.
Ramnarine said an operation similar to PPGPL would have to be constructed in Tobago to deal with future gas finds in the island’s waters by CEU and BP to remove the heavier components in natural gas for use in industry. He said NGC had completed a gas-receiving and processing facility at the Cove Industrial Estate, Tobago, to receive natural gas, which is expected to open next year.
In his feature speech, Ramnarine credited the NAR government with the vision to lay the foundation for PPGPL, which he said was the foundation of the second chapter in the life of Point Lisas and the next wave of industrialisation. Ramnarine said when PPGPL started, it was processing 650 million cubic feet a day (cfd). He said by 2011 the company had reached a capacity of 1950 million cfd and had a revenue in excess of $6.4 billion.
He said it was his intention to export the NGC and PPGPL business model to the world. “There is opportunity to replicate this in Tanzania and Mozambique and if things go well it may even have a PPGPL in Tobago in the near future,” he said.
Turning the sod to start the construction of the new PPGPL facilities at Rivulet Road, Couva, are Chan Chadeesingh, chairman, PPGPL, left; Senator Kevin Ramnarine, Minister of Energy and Energy Affairs; Rudranath Indarsingh, Couva South MP, and Dominic Rampersad, acting president, PPGPL. PHOTO: SHASTRI BOODAN
Ramnarine said Centrica Energy Upstream (CEU) operates Block 22 off Tobago which contains a probable reserve of 1.2 trillion cubic feet of gas. He said CEU proposed the construction of a gas-based project for Tobago that would see the production of compressed natural gas (CNG) from this gas field for export.
Ramnarine said an operation similar to PPGPL would have to be constructed in Tobago to deal with future gas finds in the island’s waters by CEU and BP to remove the heavier components in natural gas for use in industry. He said NGC had completed a gas-receiving and processing facility at the Cove Industrial Estate, Tobago, to receive natural gas, which is expected to open next year.
In his feature speech, Ramnarine credited the NAR government with the vision to lay the foundation for PPGPL, which he said was the foundation of the second chapter in the life of Point Lisas and the next wave of industrialisation. Ramnarine said when PPGPL started, it was processing 650 million cubic feet a day (cfd). He said by 2011 the company had reached a capacity of 1950 million cfd and had a revenue in excess of $6.4 billion.
He said it was his intention to export the NGC and PPGPL business model to the world. “There is opportunity to replicate this in Tanzania and Mozambique and if things go well it may even have a PPGPL in Tobago in the near future,” he said.
Turning the sod to start the construction of the new PPGPL facilities at Rivulet Road, Couva, are Chan Chadeesingh, chairman, PPGPL, left; Senator Kevin Ramnarine, Minister of Energy and Energy Affairs; Rudranath Indarsingh, Couva South MP, and Dominic Rampersad, acting president, PPGPL. PHOTO: SHASTRI BOODAN
