Camille Bethel of the Express Newspaper reported on 12th October that 'Trinidad and Tobago does not have enough gas to build a fifth Liquefied Natural Gas (LNG) Train, although the country has not suffered a drop in the production of LNG.'
It was during the World Gas Conference in Buenos Aires, Argentina last week that T&T energy technocrats leaked to the international media that Train 5 was off. Director of Policy in the Ministry of Energy, David Small did the honours when he told Reuters News Agency "As of now, the gas is not all there for an expansion. It is not automatic that there will be a fifth train". (Recall that last November, Minister in Ministry of Finance Mariano Browne was telling the Express Newspaper that a fifth Train was "still in the cards").
Ms. Bethel reported that 'The latest Ryder Scott gas audit done by the Houston-based firm earlier this year showed that proven gas reserves, at 15.37 trillion cubic feet (tcf), reached an all-time low last year.'
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