Corrected: Trinidad ammonia production falls faster than natgas

11 January 2013 23:34  [Source: ICIS news]

Correction: In the ICIS news story headlined "Trinidad’s ammonia production rises despite curtailment" dated 11 January 2013, please read the headline as "Trinidad ammonia production falls faster than natgas".
Please read in the first paragraph …fell faster than natural gas production… instead of … fell despite an increase in the production of feedstock natural gas….
Please read in the third paragraph …gas production fell slightly… instead of …gas production has increased over that time period….
Please read the fifth paragraph …estimated 5.0% reduction in the production and exports of ammonia… instead of …7.3% reduction in the production and exports of ammonia and urea….
Please read the sixth paragraph …1% decrease in natural gas production… instead of …4.3% increase in natural gas production….
A corrected story follows.

HOUSTON (ICIS)--Ammonia production in Trinidad and Tobago during most of 2012 fell faster than natural gas production.

For months, the drop in ammonia production had been blamed on curtailments of natural gas production caused by repairs being conducted on the production platforms.

Producers are working with curtailments that have ranged as high as 20% in recent months, despite a report obtained from the nation’s Ministry of Energy and Energy Affairs (MEEA) that showed gas production fell slightly.

Citing the need for maintenance and repairs on natural gas drilling platforms, the National Gas Company has cut back gas supplies to the fertilizer operations and has warned that the situation could go unresolved for some time.

The curtailment caused an estimated 5.0% reduction in the production and exports of ammonia from Trinidad through November 2012.

But energy ministry numbers show there was a 1% decrease in natural gas production through November 2012 compared with the same period in 2011.

Ammonia industry sources said they have been told that BP has completed the scheduled repair work on its platforms and that the gas rates are expected to go back to a normal level of output shortly, despite speculation that the main issue is a price dispute between the drilling operations and the National Gas Company.

A spokesperson for the energy ministry characterised the curtailment as being related to “housekeeping” issues that “were not unexpected or unusual” and was primarily planned repair work.

The organisation said it would be releasing a statement regarding the curtailment, but as of Friday, no such document had been received by ICIS.

By: Mark Milam
+1 713 525 2653

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