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Caribbean Energy Conference 2009

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Launched on June 1, 2002 and published bimonthly, ENERGY Caribbean is a subscription-based magazine and the first publication of its type ever devoted exclusively to the energy industry in the Caribbean. The annual ENERGY Caribbean Yearbook, a survey of developments in the year in energy gone by and outlook for the year ahead, is free to all subscribers, and is available for single purchase for non-subscribers.

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Issue No. 47 – February 2010

RENEWABLE ENERGY
Geothermal may be Caribbean's biggest breakthrough in renewable energy
Forget the idea of Guyanese hydropower supplying the Caribbean with electricity via a transmission line through Trinidad. Think geothermal instead. So says Kerry McDonald, CEO of West Indies Power, the Netherlands Antilles company that is rapidly developing a project in Nevis to fire a 34MW generation plant with steam extracted through wells from underground reservoirs and piped to a geothermal turbine

BLOCK 3a
Time's up for ill-fated 3a block
The future of block 3a, which adjoins the producing block 2c off the northeast coast of Trinidad but has not yet produced any oil or gas commercially, should have been determined by now. Vincent Pereira, the president of block operator BHP Billiton Trinidad and Tobago, promised a decision by the end of 2009. His is not an easy task, since 3a has proved to be a major disappointment

NATIONAL GAS COMPANY
McIntosh hints that NGC may want to expand upstream interests
The National Gas Company (NGC), the state-owned gas trader and transmitter, has a modest direct interest in oil and gas production - a 15% share in the Teak, Samaan, Poui block and a 4% holding in the Trintomar acreage in the SECC block, both off Trinidad's east coast. Is it looking to expand these interests by taking on others upstream?

OUTLOOK FOR 2010
Resumption of exploratory drilling likely
What does 2010 hold for the energy sector in Trinidad and Tobago as the world slowly climbs out of recession and demand for oil, gas and electric power reasserts itself? It seems fairly obvious, for starters, that 2010 will see accelerated movement towards a resumption of long-desired exploration activity in Trinidad and Tobago

REBALANCING THE OIL/GAS MIX
Heavy oil could do the trick
The word "rebalancing" is very much in vogue in Trinidad and Tobago energy ministry circles these days. It refers to what is considered the urgent need to arrest the apparently ineluctable fall in domestic crude oil production and regain the country's status as an oil province

NEW BID ROUNDS
TT block auctions confirmed for 2010
Trinidad and Tobago's ministry of energy and energy industries (MEEI) has faithfully promised that two bid rounds - one for blocks in shallow and average water depth, the other for deep and ultra-deep water blocks - will finally take place in 2010


• ALSO IN THIS ISSUE
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ENERGY Caribbean Yearbook 2009-10

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Trinidad & Tobago Business Guide 2008-09 (PDF: 6.7 MB)
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