UK-based Centrica Energy is weighing up whether to select LNG or compressed natural gas as the preferred export option for gas reserves near the Caribbean island of Tobago.
A decision on whether to be among the first developers to opt for CNG is likely to be made in the first quarter of 2012, industry sources indicated.
CNG, where the gas is compressed rather than liquefied so it can be discharged directly into the transmission network, could meet the needs of a number of small-scale Caribbean buyers that are hungry for gas but for whom LNG would entail a costly commitment.
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