Trinidad and Tobago government questions Atlantic LNG contracts

The Trinidad and Tobago government alleges that Atlantic LNG Co. of Trinidad & Tobago has not fully reported its revenues and has denied the country its fair share of taxes.But the consortium denies any wrongdoing. "The partners at Atlantic LNG have always operated within the terms of contractual arrangements, and Atlantic correctly reports on all of its revenues," it said.Trinidad and Tobago Energy Minister Eric Williams told the Parliament that the government would seek to review its contractual arrangements with Atlantic for Trains 1, 2, and 3.Williams said existing contract terms will be renegotiated to "plug loopholes in the contract, which could then allow Trinidad and Tobago to ear...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected