BP gives go-ahead for pair of Trinidad projects

A BP Plc company logo stands illuminated on a sign on the forecourt of a gas station in London, U.K., on Tuesday, Jan. 14, 2014. U.K. inflation unexpectedly slowed in December, cooling to the Bank of England's 2 percent target for the first time in more than four years. Photographer Matthew Lloyd/Bloomberg
A BP Plc company logo stands illuminated on a sign on the forecourt of a gas station in London, U.K., on Tuesday, Jan. 14, 2014. U.K. inflation unexpectedly slowed in December, cooling to the Bank of England's 2 percent target for the first time in more than four years. Photographer Matthew Lloyd/Bloomberg

BP has sanctioned two new gas developments offshore Trinidad – Cassia Compression and Matapal.

The first project will help BP produce low pressure gas reserves from existing fields in the Greater Cassia Area.

The project will involve the construction of a new platform, Cassia C, with first gas expected in the third quarter of 2021.

BP’s president for the region, Claire Fitzpatrick, said: “The Cassia Compression project will be important in maintaining the stability of Trinidad’s gas production and the supply to downstream customers and Atlantic LNG.

“The final investment decision for this project was made possible with the conclusion of the first phase of negotiations with the Government of Trinidad and Tobago, which included resolution of several commercial issues.”

The Matapal project will develop the gas resources discovered by BP in 2017 with the Savannah exploration well.

The project will be a three-well subsea tie-back to the existing Juniper platform.

With production capacity of 400 million standard cubic feet of gas a day, first gas from Matapal is expected in 2022.

Both the Cassia Compression and Matapal projects represent continued investment and development of BPTT’s acreage and will help ensure that BPTT continues to meet its supply commitments to both Trinidad’s National Gas Company and Atlantic LNG.

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