Deals boost Trinidad LNG expansion outlook

Deals boost Trinidad LNG expansion outlookProspects for increasing exports of liquefied natural gas from Trinidad and Tobago continue to brighten.BP Amoco plc and Repsol-YPF SA late last month signed two agreements related to a strategic alliance to supply natural gas markets in Latin America and Spain that their forerunners, Repsol SA and Amoco Corp., formed a little over a year ago (OGJ, June 8, 1998, p. 36).The first accord calls for completing commercial arrangements to sell to Spain up to 5 billion cu m/year of LNG from the Atlantic LNG Co. of Trinidad and Tobago project, on the island of Trinidad.In a separate agreement, Repsol-YPF and BP Amoco signed a joint cooperation agreement t...

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