Atlantic LNG
Stock performance
History
Atlantic LNG was formed as a joint venture among international energy companies including Shell and BP to develop Trinidad and Tobago's substantial natural gas reserves into liquefied natural gas for export, growing into one of the largest LNG export facilities in the Western Hemisphere and transforming Trinidad into a major global LNG supplier.
Business model
Atlantic LNG liquefies natural gas produced in Trinidad and Tobago for export to international markets, operating multiple liquefaction trains at its Point Fortin facility as a joint venture among major international energy companies.
Market position
Atlantic LNG operates one of the largest liquefied natural gas export facilities in the Western Hemisphere, and Trinidad and Tobago's LNG exports through the facility have made the small twin-island nation one of the world's more significant LNG suppliers relative to its size.
Country impact
Atlantic LNG is one of the most economically significant enterprises in Trinidad and Tobago, and natural gas exports through the facility have long been a central pillar of the country's economy and government revenue, though declining domestic gas production has posed challenges for sustaining export volumes in recent years.