Venezuelan gas will flow to Trinidad and Tobago for liquefaction
PDVSA LNG: Venezuela and Trinidad and Tobago signed a joint declaration for the execution of the project of Interconnection of the Dragon field, located north of the coasts of Sucre state, with the Hibiscus platform, in the territory of the Caribbean nation.
This important project of historical importance in the relations between Venezuela and Trinidad and Tobago contemplates the firm sale of methane gas taking as main source of supply the Dragon field of the Mariscal Sucre Project.
One of the purposes of this negotiation is to transport the Venezuelan gas to the Hibiscus platform and then to Point Fortin, where it will become liquefied natural gas (LNG).
Under the terms of the agreement, 150 million cubic feet of gas will be supplied daily from the field.
It should be noted that during the last two years the technical teams of Petróleos de Venezuela, S.A. (PDVSA) and The National Gas Company of Trinidad and Tobago (NGC), as well as Shell, with the support of technical and legal staff of the Ministry of Popular Power of Petroleum, have worked on the feasibility of gas interconnection between both countries. on the basis of existing natural gas resources in the Venezuelan continental shelf.