The South American state has made significant oil discoveries in recent years in its offshore zone, but the government next wants to focus on developing the large natural and associated gas resources that have also been found off its coast.
An exemplar of political cooperation, the Greater Tortue Ahmeyim LNG project is close to first LNG. It is a major step in the potential development of a succession of basins in the region, but Phase 2, and more, hang on whether pragmatic political solutions can again be reached. [Gas in Transition, Volume 3, Issue 3]
Central America’s second LNG import facility is onstream and, despite current high prices, LNG remains a key option for reducing the region’s dependence on carbon-heavy oil products. [Gas in Transition, Volume 2, Issue 5]