Shell Trinidad and Tobago Ltd., a subsidiary of Shell plc, has announced its Final Investment Decision on the Manatee project, an undeveloped gas field in the East Coast Marine Area in Trinidad and Tobago.

The Manatee project will enable Shell to expand its Integrated Gas business by leveraging development efforts in the ECMA, one of the nation’s most prolific gas-producing areas. The ECMA is already home to Shell’s largest gas-producing fields in the country, including Dolphin, Starfish, Bounty, and Endeavour.

The gas field at Manatee will provide backfill for the country’s Atlantic LNG facility, increasing utilisation at existing LNG plants, which is crucial for maximising the potential from Shell’s current assets.

“This project will help meet the increasing demand for natural gas globally while also addressing the energy needs of our customers domestically in Trinidad and Tobago,” said Zoë Yujnovich, Shell’s Integrated Gas and Upstream Director. “The investment bolsters our world-leading LNG portfolio in line with our commitment to invest in competitive projects that deliver more value with fewer emissions,” she added.

Shell aims to grow its LNG business by 20-30 percent by 2030 compared to 2022, with LNG liquefaction volumes expected to increase by 25-30 percent relative to 2022, as outlined at Shell’s Capital Markets Day in 2023.

Manatee is scheduled to begin production in 2027. Once operational, the project is anticipated to reach peak production of approximately 104,000 barrels of oil equivalent per day.

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10th July 2024