ExxonMobil Corp. and its partners in the huge oil and gas discoveries offshore the tiny nation of Guyana in the northeast corner of South America are moving forward on an LNG export project.
The Peru LNG export plant at Pampa Melchorita on the Pacific Coast has just re-started shipping cargoes in September after a two-and-a-half month shutdown for technical issues and now has been targeted by the Marxist Prime Minister Guido Bellido for possible nationalization.
Dec 9 (LNGJ) - Trinidad and Tobago, the LNG exporter whose principal market was formerly the United States before the shale-gas revolution and which now supplies Europe and South America, expects to see shipments drop by around 20 percent in 2021 because of feed-gas declines at the Atlantic LNG liquefaction plant at Point Fortin.
Atlantic LNG exported 12.50 million tonnes last year compared with 15.3 MTPA of nameplate capacity and this total is lower in 2020 and will also fall in the coming year because of a supply deficit for Train 1. BP, which supplies the feed-gas for Train 1 at the four-Train facility, said its infill drilling had failed to deliver at forecast levels to ensure supply. Executive said that it was expected that Train 1 would be put in operations-ready mode for all of 2021 into 2022 as upstream results are investigated.