Gas talks in Senate

Responding to a question on Tuesday from Opposition Senator Wade Mark in the Senate, Imbert said Shell produces natural gas from the North Coast Marine Area, East Coast Marine Area and the Central Block. Imbert, who is Finance Minister stated, “All gas from North Coast Marine is supplied to the joint venture special purpose vehicle in Atlantic LNG (ALNG) under a dedicated netback marketing arrangement.” He explained that the National Gas Company receives a portion of natural gas from the East Coast Marine Area and the Central Block.

Mark asked whether BGTT is under-supplying natural gas to NGC by re-routing extra gas to ALNG, which is now called Atlantic.

Imbert said his understanding was that, “BG has been struggling with its contractual obligations to NGC.” He said he was advised that this was due in part to, “declining production from the Dolphin Field.” In response to another question from Mark, Imbert said the average daily volume of natural gas purchased by the NGC from BGTT was 140 million standard cubic feet