Trinidad’s Atlantic LNG ships 4500th cargo

Atlantic LNG’s Point Fortin liquefaction facility in Trinidad and Tobago has shipped the 4500th since it started operations in April 1999.

Almost 23 years after delivering its first cargo, the plant with a capacity of about 15 million tonnes per year loaded its 4500th cargo on April 8 onto the 174,000-cbm Cool Discoverer, according to a statement by Atlantic.

The firm did not provide any additional information regarding the shipment.

According to its AIS data provided by VesselsValue, the 2020-built Cool Discoverer, owned by Thenamaris, was early on Monday heading towards the Gulf of Mexico.

Atlantic says the Point Fortin facility ships cargoes to multiple worldwide destinations in Europe, USA, South America, Asia, and the Caribbean.

Shell and BP have the biggest stakes in the four Atlantic LNG trains, followed by NGC and Chinese Investment Corporation (CIC).

The facility, which has been experiencing supply issues due to dwindling domestic gas reserves, recently started receiving much-needed natural gas supplies from Shell’s Colibri project offshore Trinidad and Tobago.

In addition, Trinidad’s government and partners in the facility have been in talks to find solutions to ensure the future supply to the facility, most notably for the first train, and to simplify the shareholding structure.

Trinidad’s energy ministry signed a deal in January with Shell, BP, and NGC following months of discussions as the parties work towards a restructuring of Atlantic LNG.

The ministry said in January that the parties were planning to sign the definitive restructuring deals by the end of June.

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