Trinidad and Tobago, Jamaica sign gas deal

May 8, 2006
Trinidad and Tobago will supply Jamaica natural gas at a favorable price under a long-term LNG agreement.

Curtis Williams
OGJ Correspondent

PORT OF SPAIN, May 8 -- Trinidad and Tobago will supply Jamaica natural gas at a favorable price under a long-term LNG agreement reached in a meeting of Jamaican Prime Minister Portia Simpson-Miller and Trinidad and Tobago Prime Minister Patrick Manning.

Without elaborating on the price, Manning said, "We are recognizing that Jamaica is a CARICOM (Caribbean Community) partner and therefore different from all the other countries that we now supply (with natural gas), and giving effect to a long-standing policy of the government of Trinidad and Tobago to have virtually most favored nation arrangements with respect to CARICOM countries."

Jamaica wants to import 158 MMcfd of gas from Trinidad and Tobago.

A regasification terminal, which Jamaica intends to build in partnership with Trinidad and Tobago's National Energy Corp., is under design.