The World Gas Conference has cautioned Trinidad and Tobago about expanding its Liquefied Natural Gas (LNG) investments although the country's LNG production is still table.Last year Minister in the Ministry of Finance Mariano Browne stated that a fifth LNG train will go ahead and his cabinet colleague, Energy Minister Conrad Enill, said the Government is waiting on the findings of a study on the economics of train five, to decide if it was feasible.
But at the World gas conference which concluded last week in Argentina energy experts said Trinidad and Tobago should hold its hand on further LNG investment in Point Fortin.
Director of Policy in the Ministry of Energy David Small told the international media, "As of now, the gas is not all there for an expansion. Its not automatic that there will be a fifth train at Atlantic LNG."
Trinidad and Tobago ships LNG to several international markets in Europe and the eastern seaboard of the United States and keeps some natural gas for local electricity production and to power industrial plants on the Pt Lisas Industrial Estate.
The Trinidad Generation Unlimited (TGU) power plant on the Union Industrial Estate at La Brea will need natural gas to fuel its production. That plant will provide the energy needs for the proposed Alutrint aluminium smelter.
The smelter is in hold pending final environmental approvals but Prime Minister Patrick Manning has insisted that there is nothing that could stop construction of the smelter.
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