UPDATE ON CALYPSO NATURAL GAS PROJECT

The Energy Minister has received an update from Woodside Energy about one of its natural gas exploration projects.   Juhel Browne reports.

Transcript

00:00The Energy Ministry says that in the interest of energy security and navigating the energy

00:05transition, Woodside Energy continues to engage with the National Gas Company on innovative

00:11ways to increase natural gas production in Trinidad and Tobago.

00:17On Thursday, the Energy Ministry announced that Energy Minister Stuart Young led a delegation

00:21from the Energy Ministry in a meeting with a team from executives of Woodside Energy

00:26at the Ministry's head office at the International Waterfront Complex, Port of Spain, on Wednesday.

00:32In a statement accompanied by a photograph, the Energy Ministry said Minister Young received

00:37an update on Woodside Energy's Calypso project.

00:41On its website, Woodside states Calypso is located approximately 220 kilometers off the

00:47coast of Trinidad at a depth of 2,100 meters.

00:53Woodside's website also says the resource comprises several natural gas discoveries

00:59in Block 23A and Block TTDAA-14 and that the development is located in a region with existing

01:07infrastructure and a favorable demand outlook.

01:11The Energy Ministry said on Thursday that during the meeting on Wednesday, Woodside's

01:16manager for Trinidad and Tobago's operations, Kellyanne Lochan, informed the Energy Minister

01:22that pre-feed engineering work on the Calypso project is progressing.

01:27The Ministry said Minister Young also received an update on the improved operations at Woodside

01:33Energy's Angostura facility after its successful turnaround.

01:38Woodside says on its website that the Greater Angostura Field is an offshore conventional

01:42oil and gas field located 38 kilometers northeast of Trinidad.

01:48Woodside's website further states that the current Angostura development comprises a

01:53main central processing platform, gas export platform, four wellhead protector platforms

02:01and an onshore terminal.

02:03Jewel Brown, TV6 News.