Trinidad and Tobago 2012 - invesTT

Areas of Opportunity
its challenges and opportunities, and mechanisms for driving
investment growth.
Downstream From Energy
Trinidad and Tobago boasts a well-established, energy-based
economy. The twin isle is currently ranked as the number one
single site explorer of methanol and ammonia in the world and a
major exporter of LNG to the United States. A major player in the
international iron and steel market, as well as in the export of crude
oil and refined petroleum products, the country is now considered a
gas economy, with gas based production exceeding oil production
in terms of contributions to GDP.
The major energy-based plants in Trinidad and Tobago include one
natural gas liquids processing facility, four (4) LNG trains, eleven (11)
ammonia plants including an AUM Complex (Ammonia, UAN Urea
Ammonium Nitrate and Melamine), seven (7) methanol plants and
urea plant. They also include four (4) direct reduced iron modules,
four (4) power generation plants, one (1) petroleum refinery, and one
(1) cement manufacturing plant.
Some of the downstream oil and gas companies operating in
Trinidad and Tobago include:
• Yara
• PCS Nitrogen Trinidad Ltd
• Methanol Holdings Trinidad Limited
• Point Lisas Nitrogen Limited
• Methanex
• Atlantic LNG Co. Ltd
• Mittal Steel
• Nu-Iron
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