TRINIDAD & TOBAGO OIL CO. plans to spend $400 million to introduce secondary recovery projects in onshore and offshore fields and increase refining capacity in Trinidad. The first phase of production enhancement will boost recovery by 13.2 million bbl of heavy oil in onshore fields, followed by a second phase entailing an incremental 16.8 million bbl of lighter oils in offshore fields. Plans call for hiking capacity of the 116,000 b/d Pointe-a-Pierre refinery to 160,000 b/d.

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