Start of production of world's largest lng plant in Caribbean
Repsol YPF has 22% stake in project
20-Dec-2005
Repsol YPF announced the start of production from the fourth train at the Atlantic LNG plant in Trinidad & Tobago, the largest in operation anywhere in the world, in which it holds a 22.22% stake. The start up of this fourth train will add between 5 and 10 million barrels per year to Repsol YPF's total hydrocarbon production.
With a production capacity of 5.2 million of tons of liquefied natural gas (LNG) per annum, this project consolidates the company's leading position in the Caribbean, which currently provides 20% (250,000 barrels per day) of its entire production (1.2 million barrels per day).
The other partners in the project are BP (37.78%); the BG Group (28.89%) and the state-owned Company of Trinidad & Tobago, NGC LNG (11.11%).
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