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Trinidad’s methanol trade rising

Regional 01 Dec, 2022 Follow News

The Stena Pro Patria is the first of six methanol carrying ships

Trinidad and Tobago is boosting its clean gas industry to stay in line with the trend for sustainable energy.

Prime Minister Dr Keith Rowley spoke at the naming ceremony for the first of six methanol-fuelled ships, the Stena Pro Patria, at the Waterfront, Hyatt Regency Hotel. The ship is a joint venture between energy company Proman Group and tanker operator Stena Bulk. It was named after the late Dennis Patrick, former CEO of Methanol Holdings Trinidad, a subsidiary of Proman. ESS

This launch comes soon after the world gathered at the COP27 in Egypt to discuss the effects of climate change and steps to resolve it.

Rowley said now the world is finally accepting that natural gas is the cleaner fuel and T&T is one of the world’s leaders in methanol production, he invited shipping companies to think of T&T, because of its proximity to the Panama Canal, as a refuelling hub, should they decide to “go clean”.

He said: “We in TT know that there is an opportunity here for us if we get up and take that opportunity. We are one of the largest producers and exporters of methanol in the world, and we happen to be placed at the tip of South America and east of Panama, where all these vessels are being encouraged to change their fuel consumption from dirty fuel to clean fuel, and that fuel is available in TT.”

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