The National Gas Company (NGC) Group has released its first energy map of Trinidad and Tobago in seven years, providing updated information on the country's energy infrastructure. The map, which was designed to sensitize the nation about TT's energy exploits and the company's green-energy agenda, includes both conventional and 'green' maps. The conventional energy map features details on TT's LNG exports, gas and crude oil production history, designated deepwater areas for development, business and investment legislation, and trends in methanol and ammonia gas usage. The new green map highlights hydrocarbon-based energy assets, TT's solar and wind energy potential, the location of CNG stations, LNG production data, regional clean energy projects and targets, the location of NGC's reforestation program sites, and renewable energy projects by the NGC Group and other local companies [20e24e97].
The NGC Group presented a copy of the two maps to Energy Minister Stuart Young at a ceremony held at the Hyatt Regency in Port of Spain. The maps were produced with guidance from UK energy multimedia firm Petroleum Economist and with input from the Ministry of Energy and energy companies operating in TT [20e24e97].
Trinidad and Tobago recently concluded its 2023 shallow water auction, receiving six bids from BP, Shell, and EOG Resources for exploration of oil and gas in four blocks. The Modified UC block attracted bids from all three companies, with no other bidders. The winners of the auction will be announced in four months. The government made changes to the fiscal terms to attract more bids after the failure of its 2019 bid round. Trinidad and Tobago is the largest producer of liquefied natural gas (LNG) in Latin America and one of the world's top exporters of methanol and ammonia [2e903eac].