Trinidad & Tobago Budget 2014 - page 182

STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
10
SUSTAINING GROWTH, SECURING PROSPERITY
capacity for third parties. A 12” diameter, 54
km long subsea pipeline was constructed
from the BHPB Central Processing Platform
in the Angostura Field to Cove Estate, Tobago.
The actual expenditure as at March 31, 2013
was $1,215.4 million of which $31.3 million
was expended over the period October 2012
to March 2013 for procurement of materials,
project management services, construction
of pipeline and related facilities. The projected
expenditure for the period April to September
2013 is $21.4 million to complete civil and
electrical installation work.
This project commenced in 2007 and
was commissioned in November 2012. Its
estimated cost was revised from $976.5
million to $1,236.8 million in 2013, due to
weldingquality issuesandpipingmodification.
The project is 99.3% complete.
DISTRIBUTION PIPELINES AND RELATED
FACILITIES
• Pipeline to Union Estate
– NGC installed
a main gas pipeline to Union Estate and in
addition, installed connections to La Brea
Industrial Development Company Limited
(LABIDCO) for light industrial users. This
project was completed at an estimated cost
of $267.0 million in fiscal 2013.
• NorthWest Peninsula Phase III to Diamond
Vale
–NGC commenced the installation of a 6
km, 6” diameter pipeline from Westmoorings
to e-Teck’s Diamond Vale Industrial Estate to
supply natural gas to light industrial users.The
estimated cost of the project was revised from
$28.3 million to $35.2 million. Expenditure for
October 2012 to March 2013 was $9.6 million
and projected expenditure for the period April
to September 2013 is $7.8million. The project
was delayed and is expected to be completed
by September 2013. The project is currently
86% completed.
• Pipeline to Longdenville
– NGC is installing
a pipeline to replace an existing pipeline at
Longdenville to supply light industrial users.
The estimated cost of the project was revised
from $17.5 million to $36.4 million due to
increased costs. The projected expenditure
for fiscal 2013 is $4.8million while $7.5million
is projected for fiscal 2014. The project is 67%
complete.
• New PETROTRIN Metering Station
– This
project involves the replacement of the
existing metering station with a new one
that has the capacity to supply 110 mmscfd
of natural gas to meet future demand. The
budgeted cost of the project is revised from
$3.7 million to $13.0 million due to increased
construction costs. Expenditure for October
2012 to March 2013 was $0.6 million and the
projected expenditure for the balance of fiscal
2013 is $5.0 million.
• Pipe Laydown Yard
– NGC constructed a
Pipe LaydownYard for storage of pipes next to
NEC’s compound.This project was completed
in fiscal 2013.
• Pipelines to Small Customers
– NGC
commenced construction of pipelines to
supply small consumers including schools.
The objective of this programme is to supply
gas to secondary schools mainly for cooling
purposes. However, NGC is awaiting guidance
from the Education Facilities Company
Limited (EFCL) on the way forward.
MODIFICATIONWORKS
Phoenix Park Valve Station Upgrade
This project involves the construction of a
new 4,000 Barrel Slug Catcher and Liquid
Handling Facility geared towards providing
cleaner fuel and a more reliable gas supply.
ECONOMIC INFRASTRUCTURE
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