(Trinidad Express) A pipeline project which aims to export natural gas from Trinidad and Tobago to other Caribbean islands has found new investors.
Eastern Caribbean Gas Pipeline Company Ltd (ECGPC) announced on Wednesday that Beowulf Energy of New York, USA, and private investment firm First Reserve Energy Infrastructure Fund (FREIF), with offices in Greenwich, Houston, Hong Kong and London, have acquired a majority ownership interest in the company which is developing a natural gas export pipeline from T&T to islands in the Eastern Caribbean.
In Phase I of the project, ECGPC will construct and operate a 300-kilometre natural gas pipeline from the Cove Point Estate in Tobago to Barbados. Phase II will involve extending the pipeline from Barbados to other islands.
