Trinidad And Tobago To Restart Idled LNG Unit By Early 2027; After Restructuring, Trinidad's Atlantic LNG Could Buy Gas From Non-Owners As New Supplies Become Available
Portfolio Pulse from Happy Mohamed
Trinidad and Tobago plans to restart its idled LNG unit by early 2027, following a restructuring of Trinidad's Atlantic LNG. The company could potentially buy gas from non-owners as new supplies become available.
June 07, 2023 | 4:04 pm
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NEUTRAL IMPACT
The restart of Trinidad and Tobago's idled LNG unit by 2027 and potential new gas supplies for Atlantic LNG may impact the United States Natural Gas Fund (UNG).
The restart of the idled LNG unit and potential new gas supplies for Atlantic LNG may affect global LNG supply and demand dynamics, which could influence the UNG ETF. However, the impact is uncertain due to the long time horizon and potential changes in the market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50