Dragon Gas Pipeline
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Dragon Natural Gas Pipeline is a proposed natural gas pipeline that runs from offshore Venezuela to offshore Trinidad and Tobago.
- Owner: National Gas Company of Trinidad and Tobago, Shell, Petroleos de Venezuela (PDVSA)
- Current capacity:
- Proposed capacity: Phase 1: 150 million cubic feet per day; Phase II: 150 million cubic feet per day
- Length: 17 km / 5.96 miles
- Status: Proposed
- Start Year: Phase I: 2020; Phase II: 2022
In August 2018 an agreement to import natural gas from the offshore Dragon field was made between the Trinidad & Tobago National Gas Company (NGC), Shell and the Venezuelan state-owned oil and natural gas company, Petróleos de Venezuela, S.A (PDVSA). The pipeline was projected to cost an estimated $100 million.
As of April 2019, plans for the pipeline had been put on indefinite hold due to political turmoil in Venezuela. Given the Dragon field's uncertain prospects, Trinidad & Tobago's government asked Shell to study development options for the Loran-Manatee field on the maritime border between Venezuela and Trinidad & Tobago.
In February 2020, Trinidad & Tobago's Prime Minister Keith Rowley confirmed that his country was pursuing Loran-Manatee as an alternative to Dragon due to United States sanctions against Venezuela, but emphasized that he remained ready to revive the Dragon pipeline project as soon as sanctions are lifted.
Articles and resources
- Dragon-Hibiscus, petroleum World, accessed Feb. 7, 2020
- Dragon field deal will help avoid supply gaps in Trinidad & Tobago, Offshore Technology, Sep. 25, 2018
- "Venezuela turmoil puts a pause on Dragon Gas deal with Trinidad and Tobago". OilNow. April 18, 2019.
- "Shell stays course on Trinidad, Venezuela gas". Argus Media. June 14, 2019.
- "Trinidad puts Dragon gas plans on hold, goes..." BNamericas. February 4, 2020.