Oil Spotted at Bonaire's East Coast
Oil stains possibly coming from neighboring Tobago have reached the island of Bonaire, local media said on Monday, prompting authorities to begin organizing protection to beaches and mangrove areas.Since an oil spill from a capsized vessel was first spotted by Trinidad and Tobago's Coast Guard on Feb. 7, it has blackened the Caribbean nation's beaches and is threatening other countries, including Grenada and Bonaire, whose main source of revenue is tourism.Part of Bonaire's East coast…
The Trinidad & Tobago Maritime Sector
The recent 2013-14 National Budget of Trinidad and Tobago firmly highlighted the government’s intention to endorse Shipbuilding and Repair as a means of diversifying our traditional oil and gas economy. Trinidad & Tobago is in the middle of the world’s shipping lanes with an approximate 31,000 voyages per year passing within 25 nautical miles, positioning the location as an attractive choice for vessels traversing these principal routes. In addition, approximately 14,000 oceangoing vessels pass through the Panama Canal each year and this is expected to double after mid-2015…
New Bunkering Deal in Trinidad
Improved bunkering facilities in the Caribbean region are planned as a new agreement is announced between Petrotrin and BP Marine, which will combine to provide improved fuel supply services along the key west coast ports of Trinidad. Petrotrin, the national oil Company of Trinidad and Tobago have an established marine bunkering infrastructure, supplying quality fuels from its refinery at Point-a-Pierre. BP Marine and Petrotrin will from 1st November combine their individual strengths in bunkering, customer service, marketing and marine products to creating a new alliance and a significantly higher level of service. BP Marine will now, in association with Petrotrin, market marine fuels through supply locations at all ports on the west coast of Trinidad.
New bunkering Deal in Trinidad
Fuels alliance between Petrotrin and BP Marine will offer more bunkering and supply resources and superior service to the region. Improved bunkering facilities in the Caribbean region are planned as a new agreement is announced between Petrotrin and BP Marine, which will combine to provide improved fuel supply services along the Key West coast ports of Trinidad. Petrotrin, the national oil Company of Trinidad and Tobago have an established marine bunkering infrastructure, supplying quality fuels from its refinery at Point-a-Pierre. Beginning November 1, BP Marine and Petrotrin will from combine their individual strengths in bunkering, customer service, marketing and marine products to creating a new alliance and a significantly higher level of service.
Petrotin Moves Ahead With Offshore Exploration Joint Venture
Venezuela has given the state-owned Petroleum Company of Trinidad and Tobago, also known as Petrotrin, approval to enter a joint venture to explore an offshore oil field near the maritime border of the South American nation with Trinidad. Petrotrin reportedly would take a 50 percent interest in the Gulf of Paria East block, a stake that was previously held by Enron Corp., the Number one U.S. natural gas and electricity marketer. No financial details of the deal were immediately available. A test well at the block produced 3,000 barrels a day of oil in February. Its Venezuelan operator Inelectra had said it would seek a partner with the financial muscle to help develop the field.
