Energy Sector Thread - Operators, Engineers, Technicians Et Al

[SuperiorMan]

Excellent news!

[DreamWeaver]

Now we await news on train 1 coming back online. Any returns the country can get from oil and gas is important. Those returns need to be put towards the goal of diversifying the economy. After that climate change summit last week, it seems pretty clear the direction the world is headed

[Habit7]

NGC, BHP deliver good news amid economic gloom
3 hrs ago

The National Gas Company (NGC) says that Trinidad and Tobago can expect to see a healthy boost in its supply of both crude oil and natural gas as the Block 3(a) Ruby development project begins production ahead of schedule.

The Operator, Australian-based BHP, announced first oil from the development on Tuesday and first gas is expected to occur shortly thereafter, the NGC said in a statement today.

Ruby is located offshore Trinidad and Tobago in the shallow water in Block 3(a) within the Greater Angostura Field.

The development consists of both oil and gas production from the Ruby and Delaware reservoirs via five production wells and one gas injector well tied back into existing operated processing facilities.

On completion of all development activities later this year, the Ruby field is expected to produce up to 16,000 gross barrels of oil per day and 80 million gross standard cubic feet of natural gas per day.

The Ruby development is located in Block 3(a) immediately east of the Greater Angostura Field. Through subsidiary NGC E&P (Netherlands) B.V., The National Gas Company of Trinidad and Tobago Limited (NGC) is a joint venture (JV) partner in the Ruby Project with operator BHP.

In July 2020, NGC and BHP signed a Gas Sales Contract (“GSC”) for the sale of 100% of the gas produced from the Ruby field to add to NGC’s existing portfolio of natural gas supply.

NGC as a joint venture partner is also entitled to a share of the field’s oil production which will be marketed as part of NGC’s Energy Marketing and Trading portfolio, providing valuable supplemental income to the Company.

For NGC President Mark Loquan, said: “NGC has been working closely and conscientiously with upstream operators, both as a value chain stakeholder and Joint Venture partner in several developments, to advance work programmes and bring more gas into the pipeline. It is extremely heartening to see that work bearing fruit. The announcement of first oil from Ruby signals important progress on an important project. We look forward to more positive news from the field and expect associated gas production to give an appreciable boost to our supply over the coming months. This is welcome news for our downstream sector, for our Company, and for the country as a whole.”

Joint venture

In a statement on Tuesday, BHP President Petroleum, Geraldine Slattery said: “The start-up of Ruby represents continued development of BHP’s oil and gas production facilities in Trinidad and Tobago, re-enforces the quality of the resource and its investment competitiveness. An Ocean Bottom Node (OBN) seismic survey acquired by BHP and the Block 3(a) partners in 2018, was utilized to illuminate and optimally position the Ruby Project development wells. This marks a significant milestone for our Petroleum business and our future in Trinidad and Tobago.”

BHP Country Manager of Trinidad and Tobago, Michael Stone said: “Achieving first oil safely and ahead of schedule reflects the true tenacity of the Ruby project team together with our industry and Government partners who persevered to deliver this project amid a global pandemic. This important milestone also highlights BHP’s continued commitment to doing business in Trinidad and Tobago as we celebrate 25 years of operations here this year.”

Drilling and completions activities at Ruby are ongoing, with subsequent wells to be placed into production in the second and third quarter of 2021 and project completion expected in the third quarter of 2021.

The Ruby development is a joint venture between BHP (operator; 68.46 per cent interest) and The National Gas Company of Trinidad and Tobago Limited (31.54 per cent interest).

https://trinidadexpress.com/newsextra/n ... a4483.html?

[zoom rader]

NGC, BHP deliver good news amid economic gloom
3 hrs ago

The National Gas Company (NGC) says that Trinidad and Tobago can expect to see a healthy boost in its supply of both crude oil and natural gas as the Block 3(a) Ruby development project begins production ahead of schedule.

The Operator, Australian-based BHP, announced first oil from the development on Tuesday and first gas is expected to occur shortly thereafter, the NGC said in a statement today.

Ruby is located offshore Trinidad and Tobago in the shallow water in Block 3(a) within the Greater Angostura Field.

The development consists of both oil and gas production from the Ruby and Delaware reservoirs via five production wells and one gas injector well tied back into existing operated processing facilities.

On completion of all development activities later this year, the Ruby field is expected to produce up to 16,000 gross barrels of oil per day and 80 million gross standard cubic feet of natural gas per day.

The Ruby development is located in Block 3(a) immediately east of the Greater Angostura Field. Through subsidiary NGC E&P (Netherlands) B.V., The National Gas Company of Trinidad and Tobago Limited (NGC) is a joint venture (JV) partner in the Ruby Project with operator BHP.

In July 2020, NGC and BHP signed a Gas Sales Contract (“GSC”) for the sale of 100% of the gas produced from the Ruby field to add to NGC’s existing portfolio of natural gas supply.

NGC as a joint venture partner is also entitled to a share of the field’s oil production which will be marketed as part of NGC’s Energy Marketing and Trading portfolio, providing valuable supplemental income to the Company.

For NGC President Mark Loquan, said: “NGC has been working closely and conscientiously with upstream operators, both as a value chain stakeholder and Joint Venture partner in several developments, to advance work programmes and bring more gas into the pipeline. It is extremely heartening to see that work bearing fruit. The announcement of first oil from Ruby signals important progress on an important project. We look forward to more positive news from the field and expect associated gas production to give an appreciable boost to our supply over the coming months. This is welcome news for our downstream sector, for our Company, and for the country as a whole.”

Joint venture

In a statement on Tuesday, BHP President Petroleum, Geraldine Slattery said: “The start-up of Ruby represents continued development of BHP’s oil and gas production facilities in Trinidad and Tobago, re-enforces the quality of the resource and its investment competitiveness. An Ocean Bottom Node (OBN) seismic survey acquired by BHP and the Block 3(a) partners in 2018, was utilized to illuminate and optimally position the Ruby Project development wells. This marks a significant milestone for our Petroleum business and our future in Trinidad and Tobago.”

BHP Country Manager of Trinidad and Tobago, Michael Stone said: “Achieving first oil safely and ahead of schedule reflects the true tenacity of the Ruby project team together with our industry and Government partners who persevered to deliver this project amid a global pandemic. This important milestone also highlights BHP’s continued commitment to doing business in Trinidad and Tobago as we celebrate 25 years of operations here this year.”

Drilling and completions activities at Ruby are ongoing, with subsequent wells to be placed into production in the second and third quarter of 2021 and project completion expected in the third quarter of 2021.

The Ruby development is a joint venture between BHP (operator; 68.46 per cent interest) and The National Gas Company of Trinidad and Tobago Limited (31.54 per cent interest).

https://trinidadexpress.com/newsextra/n ... a4483.html?

That's not a red government achievement.

[sMASH]

gas to save they a...

[widdyphuck]

[Habit7]

MEDIA RELEASE: NGC AND TRINGEN SIGN GAS SALES AGREEMENT
May 11, 2021 | Business and Business Development, Downstream Ventures and Development

Media Release: NGC and TRINGEN Sign Gas Sales Agreement
The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a Gas Sales Agreement with Trinidad Nitrogen Company Limited (TRINGEN).

TRINGEN, with two (2) ammonia plants and gas turbine power generation, is 51% owned by National Enterprises Limited (NEL) and 49% by Yara Caribbean (2002) Ltd. It is one of the longest operating companies on the Point Lisas Industrial Estate and is NGC’s fourth largest petrochemical customer. With this agreement, these two plants will continue to operate and keep Trinidad secured as a key exporter of ammonia. This is another optimistic signal of the sustainability of the local energy industry.

Trinidad Nitrogen Company Limited has been one of the more successful joint ventures for Trinidad and Tobago, paying dividends to its shareholders over the past 25 years, and contributing significantly to the local economy. This Agreement, signed May 11th 2021, will ensure that TRINGEN’s two ammonia plants (TRINGEN I and TRINGEN II) remain a noteworthy part of the country’s downstream landscape at Pt. Lisas. The execution of this gas sales contract re-emphasises both NGC’s and TRINGEN’s commitment to the longevity of the petrochemical industry.

https://media.ngc.co.tt/media-release-n ... agreement/

[De Dragon]

Good to see a gas contract negotiation sans drama for a change.

[The_Honourable]

NGC’s $250M debacle

By Curtis Williams



In what appears to be a major embarrassment for the Keith Rowley administration and the National Gas Company (NGC), Atlantic LNG’s Train 1 plant will be mothballed in the coming weeks and could stay out of service for at least two years according to highly placed sources at both the NGC and the government.

The closure comes even though the state-owned gas company pumped hundreds of millions of dollars in a desperate, ill-fated attempt to keep the plant running and despite the major shareholders, Royal Dutch Shell and bpTT insisting that they did not have natural gas to support the plant and the multinationals decision that they will not put a cent further in keeping it alive.

The NGC which essentially buys gas from the upstream producers and then sells it to companies in the petrochemical sector has very little supply of its own and still, it decided to risk an estimated quarter-billion dollars in doing a turn-around of the plant and on keeping Train 1 in a state of readiness to operate with no guarantee that it could find the gas to support its eventual return to operation.

Highly placed sources in the Rowley Administration insisted that the government was misled by the NGC and at least one member of its leadership team that he had “line of sight” of gas that would be coming and according to the government official that line of sight turned out to be poor sight as the gas has not come and the multinationals have insisted that they do not have gas for four LNG trains, forcing the government to finally stop spending money on a plant that since December has not produced a cubic metre of LNG.

Guardian Media Spoke to the Chairman of the NGC Conrad Enill and asked if it is true that the plant is to the mothballed and after a long pause he insisted that was a question for the government and not the NGC.

“Curtis that is not a question for the NGC. That is in the hands of the Cabinet and that is where you have to direct your question, to the government,” Enill told Guardian Media.

The following questions were sent to Energy Minister Stuart Young on Wednesday but three days later he has not answered. There were also five calls placed to his cell phone which were never answered nor returned.

Young was asked by Guardian Media;

1) When was the decision taken to decommission Train 1?

2) How much money was spent by the NGC on its turnaround?

3) Is that money now lost?

4) Was the decision to pursue operating Train 1 driven by economics?

5) Were the central issues lack of natural gas, safety and environmental?

6) Is there a way forward for Train 1?

Since becoming Energy Minister Young has said little on Train 1 only noting the negotiations are ongoing.

The other partners, bpTT and Shell both said the question was one for the government and that they remain in talks with the administration and the shareholders.

But Guardian Media has confirmed from multiple sources those talks on Train 1 were going nowhere since the gas is simply not there and not all the shareholders have been party to the talks with the Chinese investors not even participating.


A bpTT natural gas forecast for 2021.

The issue of Train 1 first came to fore in 2019 after bpTT which supplied to the plant the approximately 500 million standard cubic feet of natural gas per day said it could not guarantee a supply beyond November 2019 because of its poor infill drilling results.

Finance Minister Colm Imbert tried to downplay the impact of the failure telling the Parliament in May 2019, “All this drama over one unproductive well is totally unnecessary!”

Only yesterday the Central Bank’s latest Monetary Policy report pointed to the trouble in the LNG sector and confirmed that Train 1 has been down since last year.

It read, “Data for the first four months of 2021 pointed to a deterioration in energy output compared to the same period of 2020. Natural gas output between January to April 2021 declined by 20.6 per cent.

The decline in natural gas production filtered through to the midstream sector, with NGL and LNG production falling by 22.3 per cent and 37.5 per cent, respectively. The large drop in LNG output came about as the limited availability of natural gas resulted in Atlantic Train 1 being taken down at the end of December 2020. The downtime at Train 1 also coincided with scheduled maintenance at Train 3 in March

Former Energy Minister Kevin Ramnarine told Guardian Media that any decision to shutdown Train 1 means questions need to be asked as to ‘why the NGC as a minority (10%) shareholder of Train 1 opted to fund the Q1 2021 Train 1 turnaround when BP (34%) and Shell (46%) chose not to. According to reports that have not been denied by the NGC, this has cost the company approximately $TT300 million’.

He said, “I believe this decision was driven by political considerations as the Government wanted to stem the tide of bad news in the energy sector in 2020. The NGC has poured money behind keeping Train 1 “operations ready” but clearly that strategy has not worked as there is no gas for operations. Train 1 requires 492 million cubic feet per day of natural gas but can be run with half of that volume or 246 million cubic feet per day. BP being the sole supplier of Train 1 would have known that supplying even that minimum volume was a challenge.”

Ramnarine noted that the production from BPTT in 2021 is its lowest since 2002 (19 years).

“The former Minister of Energy, the late Mr Khan opined that BP was not the only supplier of natural gas - alluding that there were other sources of natural gas for Train 1. However, we are yet to see that other source step forward. I recall that the Point Lisas CEOs in December 2020 rejected the idea that some of that natural gas could come from NGC’s supply to Point Lisas. Added to all this, Train 1 has been down since November 2020. That is the longest a Train has ever been down in T&T. It raises all sorts of questions about rotating equipment and restarting the Train. I understand that the Atlantic Partners are awaiting feedback from the Government as to its position going forward.” Ramnarine insisted.

He said the shutdown of Train 1 will be a sad day for T&T and as a country, we must ask - why do we not have natural gas supply to keep Train 1 going albeit at a 50% rate? Why did we allow natural gas production to dip this low? Additionally, in the current scenario of climate change, companies like BP and Shell are looking to cull high carbon footprint assets and the Atlantic Trains are just that.

Crucial to understanding the Government’s dilemma is the role of bpTT, which for the last 21 years provided 100 per cent of the gas for Train 1. The company has made it clear that it does not now have the gas and has not provisioned for it.

A confidential bpTT document which the Guardian obtained earlier this year showed that not only has bpTT not allocated a molecule of natural gas for Train 1, it is expecting a catastrophic fall in its production.

The document showed the company expecting an average of 1.371 billion standard cubic feet of natural gas per day. Compare this to March this year when the company was producing over 2 billion standard cubic feet per day and averaged up to September this year 1.8 billion standard cubic feet per day.

The forecast has so far proven accurate.

Source: https://www.guardian.co.tt/news/ngcs-25 ... 2cea151e0d

[zoom rader]

Habitarse 7 , said it's just noise and nothing to be concerned about

[widdyphuck]

[sMASH]

lets wait to confirm... but if it eh ha no gyas,,, it eh ha no gyas... how de 4q u expect to run the plant if all the other plants using all d gyas....

[sMASH]

lets wait to confirm... but if it eh ha no gyas,,, it eh ha no gyas... how de 4q u expect to run the plant if all the other plants using all d gyas....

wait wait wait, i didnt read the article fully.

the BOARD decision to mothball the plant is taken, is just for the govt share to agree to it. and that is a directive from cabinet, and that is from the MoNS small pin.

[sMASH]

Nice to see that you started reading..but you need to do more.
The real issue is the transfer pricing and the rules that enable BP and Shell to avoid sharing revenue based on related parties sales etc.


This is you below.

Also splits are still going to be based on shareholdings, so a unitary position would only get us the gas to run Train 1, [b]not "increase our take" The GORTT of T&T has historically placed us in the bottom feeder positions of any industries that have come here.[/b]

Our shareholding is not going to get us more revenue/increase our take if there is:
1) No gas for Train 1, yet to be addressed
2) Train 1 runs at lower capacity, which is also yet to be addressed.
3) A $300M albatross of a fully funded TAR around our necks.
Keep trying though, the deeper you go, the more amused I get, especially when you're trying to be condescending but talking stuff that belongs in a septic tank.

You asked.me to show you where you made the stupid shareholding point...I did...yuh still vex.
I see you move the goalposts on that one.Normel.

Articles and Poten and Farrel detail why and how thing are and a structured way forward....that the GORTT seems to be following...you eh studying that, PNM don't follow reports....like the WFO you gloss over the summary without going any further.

Trains 2,3 and 4 come off contract in the next few years starting next year...all of the commercial structures being renegotiated....you still sure that it wrong.
But having train 1 run up and running while the others come off and gas frees up for renegotiation certainly is still a bad thing in your mind having already decided the TAR should wait until you ready.
You have zero knowledge about the return of the 300M...what it brings us back in return for making the commitment..yet it's an albatross....theonly certainty here is that you remain ignorant of the details to make a real judgement on the prudence and benefits of the 300M.

The simple fact that BP and Shell stated recently that gas supplies will improve 2022 ish means that things can and probably will improve gas wise...

All of this has to be taken in the context of an entire restructuring of the way TnT monetizes it's NG resources..is there risk?...of course...but that's the nature of it.We feeling the hurt from previous admins doing nothing.
BP/Shell have committed to this process...the GORTT is involved since 2015.....unlike your party who just saw money and spent it despite having knowledge of the issues.

And you still blathering.

Chupidee, at the rate which companies are packing up and leaving, there will be no one to sell it to
All that drivel you typed there and you're still just defending arseness. You have NO idea how the PNM royally facked up the nat gas industry in T&T for everyone EXCEPT BP/Shell.
Where are the companies rushing to sign up after their contracts expire? Leaving!

the companies have plants all over the world and shift operations tactically and strategically.

Methanex shuts in plants and restarts based on as do all the multinational players that are here.
So enough with the melodramatic noise.

[Redman]

Morning Smash...curb your enthusiasm...more information coming out.

https://trinidadexpress.com/business/lo ... 727c1.html



NO definitive decision has as yet been taken to mothball Atlantic Train I, industry insiders have said.

According to these insiders, reports of the plant being mothballed should be seen as part of the ongoing fight between BP and Royal Dutch Shell, two of the world’s largest energy companies, for control of the still lucrative liquefied natural gas (LNG) complex at Point Fortin.....
....
The news release also said it is “noteworthy that BPTT’s Cassia C platform has arrived in Trinidad and Tobago, this will add to current gas production and is a direct result of the Government’s negotiations with BPTT in 2018.” Cassia C is expected to boost BP’s natural gas production by about 500 million cubic feet at peak, when the facility is expected to be commissioned in the first half of 2022. With the commissioning of Cassia C, BP would have enough natural gas to supply to Train I in 2022, so why is the British company signalling that it wants to mothball Train I now for two years... until 2023?

[shaneelal]

BP: No gas for Train 1

The company also made it clear that there would be no gas for Atlantic’s Train 1.

“In terms of gas supply, following the disappointing results from our 2019 infill drilling programme we have since refocused our production operations on maximising production from our existing fields in the short-term, actively taking measures to offset natural declines. Even though these factors helped production at the beginning of 2020, natural declines continue to be a challenge as we manage our gas deliverability for 2021.

“While we continue to progress our Matapal and Cassia C projects, the volumes from these developments will be put towards fulfilling our existing contractual obligations for Trains 2, 3, 4 and NGC,” it said.

Full Article.

ENERGY major BP said there is no “ongoing fight” between itself and the minority shareholder of Atlantic, Royal Dutch Shell.

In a statement issued late yesterday, responding to an Express story, the London-based energy company said it has been working closely with the other Atlantic LNG shareholders and the Government to explore the restructuring of Atlantic LNG as it believes it offers an opportunity to improve operating efficiency and commercial alignment.

“It is our goal to arrive at an outcome that improves value to the country while ensuring we have a competitive energy sector that can continue to attract the investments required to keep the production profile needed to satisfy downstream and LNG demand,” the statement said.

The company also made it clear that there would be no gas for Atlantic’s Train 1.

“In terms of gas supply, following the disappointing results from our 2019 infill drilling programme we have since refocused our production operations on maximising production from our existing fields in the short-term, actively taking measures to offset natural declines. Even though these factors helped production at the beginning of 2020, natural declines continue to be a challenge as we manage our gas deliverability for 2021.

“While we continue to progress our Matapal and Cassia C projects, the volumes from these developments will be put towards fulfilling our existing contractual obligations for Trains 2, 3, 4 and NGC,” it said.

The Express yesterday reported that no decision has yet been taken to mothball Atlantic Train I but there was an ongoing fight between BP and Shell, two of the world’s largest energy companies, for control of the still lucrative liquefied natural gas (LNG) complex at Point Fortin.

It was also reported that a proposal by Shell to have one single ownership structure for all four LNG producing trains at Atlantic—instead of the current situation in which each of the four LNG-producing facilities have different shareholdings and shareholders—would strengthen Shell’s control over Atlantic and reduce BP’s.

The Government has said that its decision to invest capital, through the National Gas Company (NGC) to keep Atlantic LNG’s Train 1 operational was “strategic” given that by 2024, it expects to have gas from the Manatee field.

The Manatee field, once known as the Loran-Manatee field, is a deepwater, cross border field between T&T and Venezuela.

Last year, Prime Minister Dr Keith Rowley said that the field has gas reserves of 10.07 trillion cubic feet (tcf), of which 2.71 tcf belongs to TT and 7.35 tcf belongs to Venezuela.

Based on a recovery factor of 69 per cent, Rowley had said T&T can expect to produce up to 1.872 tcf and Venezuela 5.076 tcf.

In December 2020, former energy minister Franklin Khan had told Parliament that: “Atlantic Train 1 will not be shutting down in January 2021. Train 1 will continue to operate in 2021 and will be part of wider negotiations, which have been taking place among the Atlantic LNG shareholders to form one unitised facility encompassing all four Trains.”

Khan had said that the NGC, acting on behalf of the Government, is taking the required actions to maintain the operability of Train 1, pending the finalisation of the negotiations of the structure for the unitised facility.

https://trinidadexpress.com/business/lo ... 12340.html

[sMASH]

because even when that platform starts to produce, it will not have enough gas to supply it.

all the plants running on knife edge wrt full rates. there is no extra gas.

the deal with tringen 1 to produce hydrgen, i did some research and it will be using the natgas, cracking it, but this time, extracting the hydrogen from it. not sure if they gonna make a product and pull the excess h2, but that will not be in any significant quantities to be economically viable, so its gonna be a hyrdogen producing reformer process.

any how, the gas that they find WILL have to go to meet the obligations of other plants. lng tr1 is already not a effective producer.
so, if they hadda sacrifice one plant, it will be that one.






i wasnt saying that they SHOULD keep tr1 down.

they WHOLE arguement was, not to fund the whole TAR, when u have no gas to run the plant to recoup that money.

it would hav ebeen more feasible to just moth ball the plant, then do the TAR with only 10% of the cost, just in time to get gas and run the plant and make back that money.

[sMASH]

the 90% shareholders wanted to mothball the plant and not even do the TAR till there was more nearer to gas being available. its rowley say he dont want to keep the pant down and decided to raid NGC to fund the WHOLEEE tar, when u only have 10% shares.
they did the tar and it still dont have gas to run, but paying all the salaries to keep people on site, cause it not mothballed.

if u dont have gas, u dont have gas. leff it down, minimize costs till u get gas to run it up. at that time u call back ur people

thats how its done. a plant doesnt run on political will/bullying/grandstanding. it runs on gas. u have none from last year for a couple years.

[De Dragon]

the 90% shareholders wanted to mothball the plant and not even do the TAR till there was more nearer to gas being available. its rowley say he dont want to keep the pant down and decided to raid NGC to fund the WHOLEEE tar, when u only have 10% shares.
they did the tar and it still dont have gas to run, but paying all the salaries to keep people on site, cause it not mothballed.

if u dont have gas, u dont have gas. leff it down, minimize costs till u get gas to run it up. at that time u call back ur people

thats how its done. a plant doesnt run on political will/bullying/grandstanding. it runs on gas. u have none from last year for a couple years.

Ollour forget Red Colostomy Bag and Tuntsy was Ops Managers or wha'?

[zoom rader]

the 90% shareholders wanted to mothball the plant and not even do the TAR till there was more nearer to gas being available. its rowley say he dont want to keep the pant down and decided to raid NGC to fund the WHOLEEE tar, when u only have 10% shares.
they did the tar and it still dont have gas to run, but paying all the salaries to keep people on site, cause it not mothballed.

if u dont have gas, u dont have gas. leff it down, minimize costs till u get gas to run it up. at that time u call back ur people

thats how its done. a plant doesnt run on political will/bullying/grandstanding. it runs on gas. u have none from last year for a couple years.

Ollour forget Red Colostomy Bag and Tuntsy was Ops Managers or wha'?

Those two clowns have never worked in Industry , all they do is sit and pull outdated obscure articles and try to present that as facts

[De Dragon]

the 90% shareholders wanted to mothball the plant and not even do the TAR till there was more nearer to gas being available. its rowley say he dont want to keep the pant down and decided to raid NGC to fund the WHOLEEE tar, when u only have 10% shares.
they did the tar and it still dont have gas to run, but paying all the salaries to keep people on site, cause it not mothballed.

if u dont have gas, u dont have gas. leff it down, minimize costs till u get gas to run it up. at that time u call back ur people

thats how its done. a plant doesnt run on political will/bullying/grandstanding. it runs on gas. u have none from last year for a couple years.

Ollour forget Red Colostomy Bag and Tuntsy was Ops Managers or wha'?

Those two clowns have never worked in Industry , all they do is sit and pull outdated obscure articles and try to present that as facts

Buh, buh Poten............

[sMASH]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

[De Dragon]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

Dotish LFD RFD PNM kants and their kant supporters like Tuntsy and Colos will defend this wholeheartedly, heck, Colos already said $300M is "small ting" in exchange for the supposed billions that I guess we will get from liquefying air in lieu of gas

[zoom rader]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

Dotish LFD RFD PNM kants and their kant supporters like Tuntsy and Colos will defend this wholeheartedly, heck, Colos already said $300M is "small ting" in exchange for the supposed billions that I guess we will get from liquefying air in lieu of gas

Red government running a parlour

[De Dragon]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

Dotish LFD RFD PNM kants and their kant supporters like Tuntsy and Colos will defend this wholeheartedly, heck, Colos already said $300M is "small ting" in exchange for the supposed billions that I guess we will get from liquefying air in lieu of gas

Red government running a parlour

The only thing they should run, is themselves and their harebrained supporters.

[daxt0r]

The continued massive fall in bpTT’s natural gas production is the main reason for the gas shortage the country continues to grapple with.

A Cabinet Note, which the Business Guardian has obtained a copy of from the Office of the Prime Minister, has revealed that bpTT’s production in May averaged just over 1 billion standard cubic feet per day (bscf/d) which is just over a half of the size of its average production last year and shows the almost free-fall in its output since the end of 2020.

The Cabinet note read, “There was an estimated 2% decrease in natural gas production from 2,559 MMscf/d in April 2021 to an estimated 2,497 MMscf/d in May 2021. EOG and BHP had production increases of 83 and 40 MMscf/d respectively.

However these were counteracted by a 185 MMscf/d decrease in production from BpTT. The major driver of the decrease was the BPTT Juniper platform being offline for 15 days.”

bpTT’s low natural gas production was one of the major reasons that Atlantic LNG’s trains 2,3 and 4 saw plummeting output in May.

The Cabinet Note reported that in May gas sales to Atlantic LNG decreased by 219 MMscf/d.

The Note revealed that there was a 19% decrease in LNG production from an average of 30,775,486 MMBTU in April 2021 to 24,891,291 in May 2021.

“The Atlantic decrease was driven by lack of supply due to reduced BpTT production with the Juniper platform being offline for planned works and Shell onshore Beachfield facility being offline from May 22. Trains II and IV were online at reduced rates for the entire month. Train III came online from the 7th May 2021 at reduced rates. Train I remained down.” The Cabinet was told.

The problems with bpTT and to some extent lower output from Shell has meant significant lost revenue opportunity for the country even as LNG prices are strong and petrochemical prices have rebounded.

It is also the reason that Train 1 will be mothballed in the coming weeks and why the decision of the Mark Loquan management and NGC Board to invest a quarter billion dollars into an ill fated attempt to save Train 1, that now seems all but lost, has raised so much concern.

https://www.guardian.co.tt/news/bptt-ga ... b479a97d5c

We still have CEPEP, URP and WASA etc feeding troughs for PNM supporters as money is no problem, waiz one lil mothballed plant.

[zoom rader]

Pt Lisas is really a Scarp yard now

Well done to the Red Government

[Redman]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

Dotish LFD RFD PNM kants and their kant supporters like Tuntsy and Colos will defend this wholeheartedly, heck, Colos already said $300M is "small ting" in exchange for the supposed billions that I guess we will get from liquefying air in lieu of gas

What I actually said is posted above by Smash.
If your recall was half as accurate as your spelling,your opinion might be worth taking seriously,but it just remains self promotional blather.
Blather on king,blather on.

[De Dragon]

small pin trying to find the funds to keep the plant with a budget UNTILLL it get gas available.
strange hill to die on, but is money that could be used else where better.

Dotish LFD RFD PNM kants and their kant supporters like Tuntsy and Colos will defend this wholeheartedly, heck, Colos already said $300M is "small ting" in exchange for the supposed billions that I guess we will get from liquefying air in lieu of gas

What I actually said is posted above by Smash.
If your recall was half as accurate as your spelling,your opinion might be worth taking seriously,but it just remains self promotional blather.
Blather on king,blather on.

Wait, you didn't say the $300M was small ting? Lemme guess, yuh want meh to quote yuh?
Blather? It's right there in black and white you delusional LFD RFD PNM brainwashed, nimrod.

[Redman]

Like I said, blather.
And yeah you are lying as normal.