LNG

Trinidad and Tobago said the Caribbean nation would be opening formal talks with Venezuela following a US go-ahead to jointly develop a natural gas field that could help boost and safeguard LNG production from Trinidad’s Point Fortin LNG export plant.

Qatar Petroleum, the leading LNG producer and the developer of a huge expansion at Ras Laffan in the Gulf and the Golden Pass export project in the US, is increasing its upstream presence in the Americas by winning two exploration blocks offshore the tiny nation of Suriname.