'First of its kind': BP and Woodside-backed gas development on the move - Upstream Online
‘First of its kind’: BP and Woodside-backed gas development on the move | Upstream Online
A joint venture of Woodside and BP are maturing a major deep-water gas development in Trinidad and Tobago which BP describes as "the first of its kind" for the Caribbean nation.
The proposed Calypso project comprises five discoveries Bongos, Bele, Tuk, Hi-Hat, Boom in blocks 23(a) and 14, about 170 kilometres north-east of the island of Tobago in a water depth of about 2000 metres.
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.