Mark Loquan, President at The National Gas Company of Trinidad and Tobago Limited, discusses with NGW the critical role of gas domestically in the country, how to spur greater investment in supply and the competitive edge that its LNG has in global markets.
In NGC’s view, what role does natural gas have in delivering Trinidad & Tobago affordable, reliable, and clean energy?
Unlike most Caribbean hydrocarbon producers, Trinidad and Tobago has a well-established energy industry and is one of the largest producers of natural gas in the Caribbean. While the energy sector has been an essential component of Trinidad and Tobago’s economy for decades, since the 1990s our natural gas production has been the more significant contributor to our economy between oil and gas. Because of its abundance and low cost, we’ve been able to use natural gas to power our economy, generate our electricity and make Trinidad and Tobago an attractive location for gas-based industry.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.