Thursday, 14 November 2013

Trinidad and Tobago Oil and Gas Report Q1 2014

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Trinidad and Tobago Oil and Gas Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

BMI View: Despite efforts by the government of Trinidad and Tobago (T&T) to bolster hydrocarbon production, we take a cautious long-term view, forecasting that over the coming decade oil output will expand by an average of only 0.7% year-on-year (y-o-y) while natural gas production will grow by 1.3% yo- y. Indeed, while improved fiscal and contractual incentives are likely to draw some international oil companies, the mounting technical difficulty of discovering and producing T&T's hydrocarbons, combined with an increasingly competitive market is likely to temper production growth. The main trends and developments in the Trinidad & Tobago (T&T) oil & gas sector are: ? T&T launched its 2013 deepwater bid round in August, with the submission deadline on January 2014. This round is likely to at ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/294306.html

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