Centrica has signed a production sharing contract with Trinidad and Tobago to explore, develop and produce hydrocarbons from the NCMA 4 block offshore the country.
Centrica’s Trinidad and Tobago manager Ko Jacobs said activity at NCMA 4 ties in with the company’s development plans in another offshore area known as block 22.
Centrica is assessing various options to easily commercialise the discoveries, which include a floating liquefied natural gas (LNG) facility.
The company is also considering using the Atlantic LNG plant, reports Reuters.