NGC and Shell have signed an amended Domestic Gas Sales Contract to incorporate a share of the natural gas volumes from the Shell-operated Manatee field once the project is sanctioned.

According to the Energy Ministry, the amended contract will entitle NGC to purchase gas produced from one of the country’s largest offshore fields, to supply to the downstream sector across the medium term.

The DGSC signing took place on September 22nd 2023 at the Trinidad Hilton.

In 2019, the Governments of T&T and Venezuela executed an agreement to allow each country to independently develop its share of hydrocarbon resources from the Loran-Manatee Gas field.

Shell and NGC are both working to monetise this reserve – Shell as the operator responsible for development and production, and NGC as the entity that will facilitate receipt and processing of the gas.