Post by Verlier Quan Vie

Trinidad Just Made Stranded Gas Worth Developing. Here is Why the Same Logic Must Reach Onshore Trinidad and Tobago's gas production sits at roughly 2.6 bcf/d, down from a 4.2 bcf/d peak. Manatee, Ginger, Coconut and cross-border Dragon gas will lift supply by end-2027, but they will not take us back to the 4 bcf/d era. The Finance Bill 2026, now before the legislature, offers a different lever. It proposes a marginal marine gas field category: 8% royalty in place of 12.5%, and 130% capital allowance over five years, for certified fields at 300 bcf or below with standalone IRR under 15%. In my latest article I walk through what this means for a 250 bcf field, which stranded pools it could unlock across both coasts, and why the same incentives belong onshore, where capital is lower and timelines are shorter. I also make the case that the sector's most effective path to onshore parity is not petitioning, but preparation. A well built certification case, with robust reserves and a defensible standalone model, is the evidence Government needs to act. As the late Mark Loquan, always reminded us, every molecule counts! #TrinidadAndTobago #GasEconomics #UpstreamDevelopment #LNG #PointLisas #FiscalRegime #MarginalFields #EnergySecurity