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2014-09-04 17:35:00

TRINIDAD & TOBAGO: DOWN TO 12.24 TCF

TRINIDAD & TOBAGO: DOWN TO 12.24 TCF

Trinidad and Tobago's proved natural gas reserves declined from 13.106 tcf in 2012 to 12.24 tcf in 2013. This is according to the latest survey of the Caribbean twin-island nation's nonassociated gas conducted by Houston-based Ryder Scott Petroleum Consultants.

The decline was because of the high level of consumption—1.449 tcf/year of gas—and the replacement of just 500 bcf, said Herman Guido Acuna, Ryder Scott's managing senior vice-president, international, at a recent news conference.

He said there were small changes in both Trinidad and Tobago's probable and possible gas reserves, which in 2013 stood at…

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Tags: TRINIDAD, TOBAGO, GAS, LNG
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