Skip to content
Back to Guavy Wire
Commodities

Manatee Gas Project Set to Bolster Trinidad and Tobago's Energy Sector

Instruments
Oil Natural Gas
Share

Trinidad and Tobago's energy sector is poised for growth with the completion of jackets and piles fabrication at the TOFCO yard in La Brea. The project, led by Shell, aims to tap into the Manatee gas field, which is expected to produce 604 million standard cubic feet of natural gas per day.

This amount of gas, equivalent to 104,000 barrels of oil per day, will be processed at the Beachfield facility and used to support local industries, employment, foreign exchange earnings, and revenue generation. Minister of Energy and Energy Industries Roodal Moonilal emphasized that the country has the necessary infrastructure to process up to one billion standard cubic feet of natural gas per day.

Moonilal noted that the Manatee Plus project will introduce modern operating methods, including automation and digitalization, which will reduce offshore exposure and improve efficiency. He also highlighted the government's efforts to revitalize the oil and gas sector by extracting greater value from mature assets and resources.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc