Underinvestment hampers Trinidad’s LNG push
The country’s efforts to reverse declining gas production are starting to bear fruit, but will not be enough to alleviate the tight LNG market this year
High prices and international diplomacy are pushing LNG producers to increase their output following Russia’s invasion of Ukraine. Trinidad and Tobago is among them, but its contribution is limited by the structural decline in its gas production following a lack of upstream investment, which has constrained LNG export volumes. Nevertheless, Trinidad is on track to raise its LNG exports this year, albeit by only a modest amount. In the longer term, the country has a pipeline of greenfield gas projects under development. Trinidad will export 20.8bn m³ of LNG in 2022, consultancy Fitch Solutions predicts. This would be a 6.7pc increase year-on-year and in line with an expected uptick in the cou
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
