Moderator: 3ne2nr Mods
zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
Gas production was purposely kept low to squeeze Pt Lisas to extract more money from them. That's all it was about.sMASH wrote:zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
why it didnt work out?
sMASH wrote:zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
why it didnt work out?
Trinispougla wrote:sMASH wrote:zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
why it didnt work out?
I believe I said........on more than one occasion that
1. The fields are mature
2. That production has been low since 2014
3. And that we were told in 2014 that it was a maintenance issue, which was a complete falsehood.
4. We cannot expect a vast increase in production until Manatee comes on stream in 2025
You need to read the entire passage instead of holding onto one word and making yourself look like an illiterate
Forgive him he's one of those whoring bailiser bloggers.sMASH wrote:Trinispougla wrote:sMASH wrote:zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
why it didnt work out?
I believe I said........on more than one occasion that
1. The fields are mature
2. That production has been low since 2014
3. And that we were told in 2014 that it was a maintenance issue, which was a complete falsehood.
4. We cannot expect a vast increase in production until Manatee comes on stream in 2025
You need to read the entire passage instead of holding onto one word and making yourself look like an illiterate
what part of that is 'decline in DEMAND' and which part of that is due to 'pandemic'?
if i was the pnm handler that send u to ague this point, i will ask u back for a refund.
-u said we suffered 'pandemic induced decline in demand'
- i told u we had supply limitations, as we have more demand than supply and the global reduction in demand did not affect us, and the example of that was that train1 was shut down.
-u said train 1 was not cause supply limitations and now saying that the feilds are mature
how de frack is mature feilds 'pandemic induced'? how de frack mature feilds is 'decrease in demand'?
let me state that ur points are SUPPLY LIMITATIONS and NOT DECLINE IN DEMAND.
hoss, what say would make sense if nobody had brains in their heads.
.... or, if u said, govt will seek to ramp up output ABOVE pre-pandemic levels.
zoom rader wrote:Forgive him he's one of those whoring bailiser bloggers.sMASH wrote:Trinispougla wrote:sMASH wrote:zoom rader wrote:The return of Redman or another red government whoring blogger .Trinispougla wrote:sMASH wrote:^^ 'output continues to be well below historical levels'
the output inthe past was only able to barely meet the LOCAL demand.
train 1 wasnt down cause people wasnting buying lng, so it didnt make sense running the plant.
train 1 was down cause there wasnt gas for it to run.. plants on pt lisas had supply issues, as there wasnt gas to go around. train1 being down, eased up that supply limitation.
GLOBALLY, there was a reduction in demands, so there would be surplus globally. but LOCALLY, we had more DEMAND than supply.
the reason why rowley tell NGS to fund the train1 tar, was to have it ready for gas to liquify. and that was after, bg/bp/shell whoever, told the govt, WE NOT SPENDING MONEY ON THE TAR CAUSE IT DONT HAVE GAS TO SUPPLY IT TO RUN TO MAKE BACK THE MONEY... SO WE LEAVING IT TF DOWN.
and when the TAR complete, the platn still down, cause WE DONT HAVE ENOUGH GAS TO SUPPLY LOCAL DEMAND.
the global reduction in demand only affected the prices the gas was sold at, but we still had more demand than supply.
rubbish.....at the end of 2020, NGC were faced with volumes in excess of demand because off plant shut downs and a general scaling down of industrial activities as a result of Covid. They would be billed for their upstream obligations still. Long story short, the money spent of Train 1 was for maintenance in the hope that the said gas that was not used as a result of the pandemic would find a use that would be beneficial to the economy. Unfortunately, it didn't work out. But the maintenance of train 1 was not simply for a short term situation of downstreamers not needing gas. Trinidad is assured of gas from the manatee field. Potentially also the dragon field if Venezuela is welcomed back into the international community. And possibly if deep water bids prove successful. Potentially Trinidad is in the LNG business for a long time to come. And you have to make preparations for that. Gas production has been low since 2014, even though at the time we were told it was a maintenance issue, which proved to be untrue. But there is assured Natural gas in the future.
You kants are easy to spot spreading mis truths
why it didnt work out?
I believe I said........on more than one occasion that
1. The fields are mature
2. That production has been low since 2014
3. And that we were told in 2014 that it was a maintenance issue, which was a complete falsehood.
4. We cannot expect a vast increase in production until Manatee comes on stream in 2025
You need to read the entire passage instead of holding onto one word and making yourself look like an illiterate
what part of that is 'decline in DEMAND' and which part of that is due to 'pandemic'?
if i was the pnm handler that send u to ague this point, i will ask u back for a refund.
-u said we suffered 'pandemic induced decline in demand'
- i told u we had supply limitations, as we have more demand than supply and the global reduction in demand did not affect us, and the example of that was that train1 was shut down.
-u said train 1 was not cause supply limitations and now saying that the feilds are mature
how de frack is mature feilds 'pandemic induced'? how de frack mature feilds is 'decrease in demand'?
let me state that ur points are SUPPLY LIMITATIONS and NOT DECLINE IN DEMAND.
hoss, what say would make sense if nobody had brains in their heads.
.... or, if u said, govt will seek to ramp up output ABOVE pre-pandemic levels.
Trinispougla wrote:De Dragon wrote:Kanty Goebbels keeps digging his dotish lying hole deeper. He was asked about natural gas specifically, so in addition to a useless geography lesson, he LIED about us being able to increase LNG production. No one asked your dotish, awkward arse about ammonia or methanol. It's like someone saying their hungry, and you offering them a brick
you need to listen to the interview again sir......he said that LNG production can be increased to [b]PRE-PANDEMIC [/b]levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
Trinispougla wrote:sMASH wrote:Trinispougla wrote:De Dragon wrote:Kanty Goebbels keeps digging his dotish lying hole deeper. He was asked about natural gas specifically, so in addition to a useless geography lesson, he LIED about us being able to increase LNG production. No one asked your dotish, awkward arse about ammonia or methanol. It's like someone saying their hungry, and you offering them a brick
you need to listen to the interview again sir......he said that LNG production can be increased to PRE-PANDEMIC levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
i dont think lng production/ nat gas extraction was affected by the pandemic. if it was affected it was by operations of the various companies, or the productivity of the feilds.
the companies staffing were affected by the pandemic, but they mitigated that.
well opinions and facts are two distinct things chiefThe government will encourage further development over the next 12 months with licensing rounds for deepwater, shallow-water and onshore acreage, he said.
Gas production was running at 3.62 Bcf/d in March 2020, but has since fallen because of a pandemic-induced decline in demand. Output 2.81 Bcf/d in the first quarter of 2021 was down by 18.7pc year on year.
https://www.argusmedia.com/en/news/2223239-trinidad-aims-for-precovid-gas-levels-by-2022
Trinispougla wrote:sMASH wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:De Dragon wrote:Kanty Goebbels keeps digging his dotish lying hole deeper. He was asked about natural gas specifically, so in addition to a useless geography lesson, he LIED about us being able to increase LNG production. No one asked your dotish, awkward arse about ammonia or methanol. It's like someone saying their hungry, and you offering them a brick
you need to listen to the interview again sir......he said that LNG production can be increased to PRE-PANDEMIC levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
i dont think lng production/ nat gas extraction was affected by the pandemic. if it was affected it was by operations of the various companies, or the productivity of the feilds.
the companies staffing were affected by the pandemic, but they mitigated that.
well opinions and facts are two distinct things chiefThe government will encourage further development over the next 12 months with licensing rounds for deepwater, shallow-water and onshore acreage, he said.
Gas production was running at 3.62 Bcf/d in March 2020, but has since fallen because of a pandemic-induced decline in demand. Output 2.81 Bcf/d in the first quarter of 2021 was down by 18.7pc year on year.
https://www.argusmedia.com/en/news/2223239-trinidad-aims-for-precovid-gas-levels-by-2022
"pandemic INDUCED DECLINE IN DEMAND"
'DECLINE IN DEMAND' - people didint buy as much, so it had extra
'pandemic induced' - the pandemic reduced the demand, as people was home, not working, businesses shut down,
so, if pandemic reduced demand, then there would be surplus... surplus meaning there is gas that isnt used, so gas available.
if there is gas available, then why didnt train 1 get that extra gas?
ur saying that pandemic affected the demand, but not the supply. what i am saying is, the pandemic affected the staffing at the offshore companies, but they were able to mitigate it and keep production up, thus the supply didnt get affected by the effects on the pandemic on staffing. if there were shortfalls of supply, it was not due to staffing, it was due to equpment.
we did NOT suffer 'pandemic induced decline in demand' because we have a WHOLLLLLE train down, cause there WAS NOT ENOUGH SUPPLY OF GAS.
wheel and come again, and come good when u challenging my opinion.
I need to explain demand and supply to you too? jeez. Patnas.....if demand is low, if countries, such as the main ones we export to: the Chile's, the US etc.....if they have little or no demand for gas, then producers are going to hold or maintain their business. Proof that entire essay is rubbish is that as soon countries started to end their lockdowns(not TTO of course). demand for gas went up and their was a massive increase in production between November 2021 and January 2022.........and i fully expect the next quarterly report to be similar because there is a war in Eastern Europe that has caused commodity prices to explode. Like i said, you are mistaking an increase in NG production with a return to 2008 levels., Natural gas production has been falling since 2009, the fields are mature and which is why the GORTT has arranged with Shell and the Venezuelan government to develop our side of the Manatee field. Unfortunately for us, first gas from that field is expected in 2025. It would have been wonderful if it could have happened now with gas prices at their current levels. That is why Young's words were pre-pandemic levels
https://guardian.co.tt/business/massive-increase-in-tts-natural-gas-production-6.2.1473877.e66b5eede2There has been a massive increase in the country’s natural gas production between last year November and January 2022. Oil production is also on the rise with an increase of about 1,500 barrels of oil per day over the three-month period.
The Ministry of Energy has not released any production figures since last November, almost four months ago, but the Business Guardian has gotten access to the figures and can today report that natural gas production moved from an average of 2.344 billion standard cubic feet per day (bscf/d) to 2.893 bscf/d in January 2022.
The increase of more than 500 million standard cubic feet per day (mmscf/d) of gas represents a growth of over 23 percent in the two-month period and could not come at a better for the country as it occurred when globally natural gas prices have been high and near record prices for several petrochemical products.
[url][/url]https://www.bnamericas.com/en/news/trinidad-gas-output-inches-up-as-industry-lays-out-stimulus-planLatest numbers from Trinidad and Tobago’s energy ministry show a recent uptick in natural gas production although output continues well below historical levels.
Production in January grew for a second consecutive month to 81.4Mm3/d but slid 4% year-on-year to a record low for the month.
BPTT was the principal gas producer in the first month of 2022, accounting for 48% of output, followed by Shell (22%), BHP (13.7%) and EOG (12.2%).
The bulk of gas went to the production of methanol (21%) and ammonia (18%), and power generation
Which brings me back to my first point above
Eliteauto-tuntun needs to get better bloggers from bailiser whore HouseDe Dragon wrote:Trinispougla seems to be the relief pitcher for Colos and Tunts7
Srs, I see Pablo post out Pic that m5000 now done a tar... And Atlantic train 1 off line..De Dragon wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:De Dragon wrote:Kanty Goebbels keeps digging his dotish lying hole deeper. He was asked about natural gas specifically, so in addition to a useless geography lesson, he LIED about us being able to increase LNG production. No one asked your dotish, awkward arse about ammonia or methanol. It's like someone saying their hungry, and you offering them a brick
you need to listen to the interview again sir......he said that LNG production can be increased to PRE-PANDEMIC levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
i dont think lng production/ nat gas extraction was affected by the pandemic. if it was affected it was by operations of the various companies, or the productivity of the feilds.
the companies staffing were affected by the pandemic, but they mitigated that.
well opinions and facts are two distinct things chiefThe government will encourage further development over the next 12 months with licensing rounds for deepwater, shallow-water and onshore acreage, he said.
Gas production was running at 3.62 Bcf/d in March 2020, but has since fallen because of a pandemic-induced decline in demand. Output 2.81 Bcf/d in the first quarter of 2021 was down by 18.7pc year on year.
https://www.argusmedia.com/en/news/2223239-trinidad-aims-for-precovid-gas-levels-by-2022
"pandemic INDUCED DECLINE IN DEMAND"
'DECLINE IN DEMAND' - people didint buy as much, so it had extra
'pandemic induced' - the pandemic reduced the demand, as people was home, not working, businesses shut down,
so, if pandemic reduced demand, then there would be surplus... surplus meaning there is gas that isnt used, so gas available.
if there is gas available, then why didnt train 1 get that extra gas?
ur saying that pandemic affected the demand, but not the supply. what i am saying is, the pandemic affected the staffing at the offshore companies, but they were able to mitigate it and keep production up, thus the supply didnt get affected by the effects on the pandemic on staffing. if there were shortfalls of supply, it was not due to staffing, it was due to equpment.
we did NOT suffer 'pandemic induced decline in demand' because we have a WHOLLLLLE train down, cause there WAS NOT ENOUGH SUPPLY OF GAS.
wheel and come again, and come good when u challenging my opinion.
I need to explain demand and supply to you too? jeez. Patnas.....if demand is low, if countries, such as the main ones we export to: the Chile's, the US etc.....if they have little or no demand for gas, then producers are going to hold or maintain their business. Proof that entire essay is rubbish is that as soon countries started to end their lockdowns(not TTO of course). demand for gas went up and their was a massive increase in production between November 2021 and January 2022.........and i fully expect the next quarterly report to be similar because there is a war in Eastern Europe that has caused commodity prices to explode. Like i said, you are mistaking an increase in NG production with a return to 2008 levels., Natural gas production has been falling since 2009, the fields are mature and which is why the GORTT has arranged with Shell and the Venezuelan government to develop our side of the Manatee field. Unfortunately for us, first gas from that field is expected in 2025. It would have been wonderful if it could have happened now with gas prices at their current levels. That is why Young's words were pre-pandemic levels
https://guardian.co.tt/business/massive-increase-in-tts-natural-gas-production-6.2.1473877.e66b5eede2There has been a massive increase in the country’s natural gas production between last year November and January 2022. Oil production is also on the rise with an increase of about 1,500 barrels of oil per day over the three-month period.
The Ministry of Energy has not released any production figures since last November, almost four months ago, but the Business Guardian has gotten access to the figures and can today report that natural gas production moved from an average of 2.344 billion standard cubic feet per day (bscf/d) to 2.893 bscf/d in January 2022.
The increase of more than 500 million standard cubic feet per day (mmscf/d) of gas represents a growth of over 23 percent in the two-month period and could not come at a better for the country as it occurred when globally natural gas prices have been high and near record prices for several petrochemical products.
[url][/url]https://www.bnamericas.com/en/news/trinidad-gas-output-inches-up-as-industry-lays-out-stimulus-planLatest numbers from Trinidad and Tobago’s energy ministry show a recent uptick in natural gas production although output continues well below historical levels.
Production in January grew for a second consecutive month to 81.4Mm3/d but slid 4% year-on-year to a record low for the month.
BPTT was the principal gas producer in the first month of 2022, accounting for 48% of output, followed by Shell (22%), BHP (13.7%) and EOG (12.2%).
The bulk of gas went to the production of methanol (21%) and ammonia (18%), and power generation
Which brings me back to my first point above
Wanna be economist, there is a natural gas curtailment RIGHT NOW at Pt. Lisas. WTF you talking about supply and demand.
9 plants closed their operations because of gas scarcity and price, you think that is a coincidence?
sMASH wrote:Srs, I see Pablo post out Pic that m5000 now done a tar... And Atlantic train 1 off line..De Dragon wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:De Dragon wrote:Kanty Goebbels keeps digging his dotish lying hole deeper. He was asked about natural gas specifically, so in addition to a useless geography lesson, he LIED about us being able to increase LNG production. No one asked your dotish, awkward arse about ammonia or methanol. It's like someone saying their hungry, and you offering them a brick
you need to listen to the interview again sir......he said that LNG production can be increased to PRE-PANDEMIC levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
i dont think lng production/ nat gas extraction was affected by the pandemic. if it was affected it was by operations of the various companies, or the productivity of the feilds.
the companies staffing were affected by the pandemic, but they mitigated that.
well opinions and facts are two distinct things chiefThe government will encourage further development over the next 12 months with licensing rounds for deepwater, shallow-water and onshore acreage, he said.
Gas production was running at 3.62 Bcf/d in March 2020, but has since fallen because of a pandemic-induced decline in demand. Output 2.81 Bcf/d in the first quarter of 2021 was down by 18.7pc year on year.
https://www.argusmedia.com/en/news/2223239-trinidad-aims-for-precovid-gas-levels-by-2022
"pandemic INDUCED DECLINE IN DEMAND"
'DECLINE IN DEMAND' - people didint buy as much, so it had extra
'pandemic induced' - the pandemic reduced the demand, as people was home, not working, businesses shut down,
so, if pandemic reduced demand, then there would be surplus... surplus meaning there is gas that isnt used, so gas available.
if there is gas available, then why didnt train 1 get that extra gas?
ur saying that pandemic affected the demand, but not the supply. what i am saying is, the pandemic affected the staffing at the offshore companies, but they were able to mitigate it and keep production up, thus the supply didnt get affected by the effects on the pandemic on staffing. if there were shortfalls of supply, it was not due to staffing, it was due to equpment.
we did NOT suffer 'pandemic induced decline in demand' because we have a WHOLLLLLE train down, cause there WAS NOT ENOUGH SUPPLY OF GAS.
wheel and come again, and come good when u challenging my opinion.
I need to explain demand and supply to you too? jeez. Patnas.....if demand is low, if countries, such as the main ones we export to: the Chile's, the US etc.....if they have little or no demand for gas, then producers are going to hold or maintain their business. Proof that entire essay is rubbish is that as soon countries started to end their lockdowns(not TTO of course). demand for gas went up and their was a massive increase in production between November 2021 and January 2022.........and i fully expect the next quarterly report to be similar because there is a war in Eastern Europe that has caused commodity prices to explode. Like i said, you are mistaking an increase in NG production with a return to 2008 levels., Natural gas production has been falling since 2009, the fields are mature and which is why the GORTT has arranged with Shell and the Venezuelan government to develop our side of the Manatee field. Unfortunately for us, first gas from that field is expected in 2025. It would have been wonderful if it could have happened now with gas prices at their current levels. That is why Young's words were pre-pandemic levels
https://guardian.co.tt/business/massive-increase-in-tts-natural-gas-production-6.2.1473877.e66b5eede2There has been a massive increase in the country’s natural gas production between last year November and January 2022. Oil production is also on the rise with an increase of about 1,500 barrels of oil per day over the three-month period.
The Ministry of Energy has not released any production figures since last November, almost four months ago, but the Business Guardian has gotten access to the figures and can today report that natural gas production moved from an average of 2.344 billion standard cubic feet per day (bscf/d) to 2.893 bscf/d in January 2022.
The increase of more than 500 million standard cubic feet per day (mmscf/d) of gas represents a growth of over 23 percent in the two-month period and could not come at a better for the country as it occurred when globally natural gas prices have been high and near record prices for several petrochemical products.
[url][/url]https://www.bnamericas.com/en/news/trinidad-gas-output-inches-up-as-industry-lays-out-stimulus-planLatest numbers from Trinidad and Tobago’s energy ministry show a recent uptick in natural gas production although output continues well below historical levels.
Production in January grew for a second consecutive month to 81.4Mm3/d but slid 4% year-on-year to a record low for the month.
BPTT was the principal gas producer in the first month of 2022, accounting for 48% of output, followed by Shell (22%), BHP (13.7%) and EOG (12.2%).
The bulk of gas went to the production of methanol (21%) and ammonia (18%), and power generation
Which brings me back to my first point above
Wanna be economist, there is a natural gas curtailment RIGHT NOW at Pt. Lisas. WTF you talking about supply and demand.
9 plants closed their operations because of gas scarcity and price, you think that is a coincidence?
And it still have curtailment?!!!
Damn... Where be this extra gas goebbels speaker of...
Damned be this decreased demand.
De Dragon wrote:sMASH wrote:Srs, I see Pablo post out Pic that m5000 now done a tar... And Atlantic train 1 off line..De Dragon wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:sMASH wrote:Trinispougla wrote:you need to listen to the interview again sir......he said that LNG production can be increased to PRE-PANDEMIC levels. You are assuming that he means 2008 levels when gas production was at its peak. Didn't mean that at all. Remember production took a big hit on already mature fields due to a pandemic that crippled oil and gas prices so it is only natural that the gas companies limited production(as they did everywhere) and production fell.
i dont think lng production/ nat gas extraction was affected by the pandemic. if it was affected it was by operations of the various companies, or the productivity of the feilds.
the companies staffing were affected by the pandemic, but they mitigated that.
well opinions and facts are two distinct things chiefThe government will encourage further development over the next 12 months with licensing rounds for deepwater, shallow-water and onshore acreage, he said.
Gas production was running at 3.62 Bcf/d in March 2020, but has since fallen because of a pandemic-induced decline in demand. Output 2.81 Bcf/d in the first quarter of 2021 was down by 18.7pc year on year.
https://www.argusmedia.com/en/news/2223239-trinidad-aims-for-precovid-gas-levels-by-2022
"pandemic INDUCED DECLINE IN DEMAND"
'DECLINE IN DEMAND' - people didint buy as much, so it had extra
'pandemic induced' - the pandemic reduced the demand, as people was home, not working, businesses shut down,
so, if pandemic reduced demand, then there would be surplus... surplus meaning there is gas that isnt used, so gas available.
if there is gas available, then why didnt train 1 get that extra gas?
ur saying that pandemic affected the demand, but not the supply. what i am saying is, the pandemic affected the staffing at the offshore companies, but they were able to mitigate it and keep production up, thus the supply didnt get affected by the effects on the pandemic on staffing. if there were shortfalls of supply, it was not due to staffing, it was due to equpment.
we did NOT suffer 'pandemic induced decline in demand' because we have a WHOLLLLLE train down, cause there WAS NOT ENOUGH SUPPLY OF GAS.
wheel and come again, and come good when u challenging my opinion.
I need to explain demand and supply to you too? jeez. Patnas.....if demand is low, if countries, such as the main ones we export to: the Chile's, the US etc.....if they have little or no demand for gas, then producers are going to hold or maintain their business. Proof that entire essay is rubbish is that as soon countries started to end their lockdowns(not TTO of course). demand for gas went up and their was a massive increase in production between November 2021 and January 2022.........and i fully expect the next quarterly report to be similar because there is a war in Eastern Europe that has caused commodity prices to explode. Like i said, you are mistaking an increase in NG production with a return to 2008 levels., Natural gas production has been falling since 2009, the fields are mature and which is why the GORTT has arranged with Shell and the Venezuelan government to develop our side of the Manatee field. Unfortunately for us, first gas from that field is expected in 2025. It would have been wonderful if it could have happened now with gas prices at their current levels. That is why Young's words were pre-pandemic levels
https://guardian.co.tt/business/massive-increase-in-tts-natural-gas-production-6.2.1473877.e66b5eede2There has been a massive increase in the country’s natural gas production between last year November and January 2022. Oil production is also on the rise with an increase of about 1,500 barrels of oil per day over the three-month period.
The Ministry of Energy has not released any production figures since last November, almost four months ago, but the Business Guardian has gotten access to the figures and can today report that natural gas production moved from an average of 2.344 billion standard cubic feet per day (bscf/d) to 2.893 bscf/d in January 2022.
The increase of more than 500 million standard cubic feet per day (mmscf/d) of gas represents a growth of over 23 percent in the two-month period and could not come at a better for the country as it occurred when globally natural gas prices have been high and near record prices for several petrochemical products.
[url][/url]https://www.bnamericas.com/en/news/trinidad-gas-output-inches-up-as-industry-lays-out-stimulus-planLatest numbers from Trinidad and Tobago’s energy ministry show a recent uptick in natural gas production although output continues well below historical levels.
Production in January grew for a second consecutive month to 81.4Mm3/d but slid 4% year-on-year to a record low for the month.
BPTT was the principal gas producer in the first month of 2022, accounting for 48% of output, followed by Shell (22%), BHP (13.7%) and EOG (12.2%).
The bulk of gas went to the production of methanol (21%) and ammonia (18%), and power generation
Which brings me back to my first point above
Wanna be economist, there is a natural gas curtailment RIGHT NOW at Pt. Lisas. WTF you talking about supply and demand.
9 plants closed their operations because of gas scarcity and price, you think that is a coincidence?
And it still have curtailment?!!!
Damn... Where be this extra gas goebbels speaker of...
Damned be this decreased demand.
Last week there was a curtailment so severe, several plants had to cease operations for 5 days
guardian wrote:
sMASH wrote:where is trinispougla?
https://www.guardian.co.tt/business/how ... af9012f85aguardian wrote:
He said there are likely to be a number of planned outages and pointed to the fact that there was already a plant in T&T that is down. He noted this will lead to a continued favourable supply/demand balance for Methanex.
the man said, because plants were down and others were expected to go down every so often, that that would allow methanax to get gas to operate. in other words, only because plants will stop using gas, then the supply will be more stable for the remaining users.
how de frack do we have extra gas to ramp up supply?
dont come and ague oil/gas with people who does have to scrutinize every letter, every full stop, every decimal.
sMASH wrote:^^wtf.... allyuh gonna get more reformer and boiler tube blow outs again... across the estate.
it not good to be cycling pressure and temps in them equipment!... oho
De Dragon wrote:sMASH wrote:^^wtf.... allyuh gonna get more reformer and boiler tube blow outs again... across the estate.
it not good to be cycling pressure and temps in them equipment!... oho
At least Europe go be inna gear
Cantmis wrote:https://www.offshore-energy.biz/klaipeda-lng-terminal-receives-1st-delivery-of-lng-for-pgnig/
https://jpt.spe.org/sempra-pgnig-ink-de ... -terminals
I thought we were getting the extra sales !
De Dragon wrote:Cantmis wrote:https://www.offshore-energy.biz/klaipeda-lng-terminal-receives-1st-delivery-of-lng-for-pgnig/
https://jpt.spe.org/sempra-pgnig-ink-de ... -terminals
I thought we were getting the extra sales !
The only thing being sold is a bill of goods to dotish LFD RFD PNM supporters, by JUHN Scarfy, Goebbels and Impsy and the corrupt and lying LFD RFD PNM. Sadly, it works EVERY SINGLE TIME!
Numb3r4 wrote:Every one is complaining and fair enough but serious question, what is a good workable plan that the state could undertake to salvage or get Pt. Lisas operating at a respectable level?
Or is that too much to accomplish right now?
Also what is going on with Atlantic? How many trains are up and running? What are they taking or asking for or getting right now?
Numb3r4 wrote:Every one is complaining and fair enough but serious question, what is a good workable plan that the state could undertake to salvage or get Pt. Lisas operating at a respectable level?
Or is that too much to accomplish right now?
Also what is going on with Atlantic? How many trains are up and running? What are they taking or asking for or getting right now?
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