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Atlantic LNG Shutdown by Striking Tugboat Workers
Atlantic LNG, the largest source of liquefied natural gas (LNG) exports to the United States, shut down its three liquefaction trains on Monday because of striking construction and tugboat workers. There was no word on when the strike would be lifted or when shipments would resume.
The company, which is owned by Trinidad’s National Gas Co., BP, BG Group PLC, Repsol, and Tractebel, exports about 1.7 Bcf/d of LNG to the United States, Spain, Puerto Rico and the Dominican Republic from Trinidad and Tobago.
The tugboat workers apparently went on strike to press for wage increases following a separate strike started by workers building a $1.1 billion expansion project that is scheduled to increase LNG export capacity at the plant in Point Fortin on the southwestern coast of the Caribbean island of Trinidad by 2005. Atlantic LNG produces and liquefies for export about 65% of Trinidad’s total natural gas production.
Esther Le Gendre, Atlantic’s manager of government and public affairs, said the company would be unable to supply gas under its agreements until the strike has ended. She admitted that the problem could have significant negative implications for the long-term agreements with customers in the United States and elsewhere.
Four LNG tankers remained out at sea on Tuesday unable to load LNG. Storage tanks, meanwhile, have been filled to capacity.
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