Energy Chamber Welcomes Manatee FID

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(Energy Chamber, 9.Jul.2024) — The Energy Chamber of Trinidad & Tobago warmly welcomes the news that the final investment decision (FID) has been taken by Shell for the development of the Manatee field. 

This is a very significant development for Trinidad & Tobago and will help create stability for the country’s gas industry and by extension, our energy services companies.  This is a major development, projected to deliver significant volumes of natural gas, equivalent to around 20% of current national gas production. 

This project has had a long and complicated history, not least because it is part of a field that straddles the maritime boundary with Venezuela. Delivering this project involved significant complex negotiations by the government of Trinidad & Tobago, Shell, the government of Venezuela and numerous other stakeholders.   

It is excellent news for Trinidad & Tobago that this FID has been taken.

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org/nrg-dashboard/

Energy Analytics Institute (EAI) is a Houston-established private organization and a leader in energy news coverage for Latin American and the Caribbean in general and Venezuela in particular.

EAI also focuses on assisting businesses establish and nurture relationships with other businesses or consumers by facilitating integrated B2B and B2C solutions either one-to-one or via hosted forums, seminars or executive speaking engagements.

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