STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
11
SUSTAINING GROWTH, SECURING PROSPERITY
The estimated cost of the project was revised
from $450.5 million to $449.0 million in
2012 due to the variation in scope of the
project. The project commenced in 2006
and was scheduled to be completed in 2009,
however, it was delayed due to the awarding
of contracts and adverse weather conditions.
Expenditure fromOctober2012 toMarch2013
was $8.1 million. The projected expenditure
for the construction and commissioning of
the facilities for the remainder of fiscal 2013
is $50.3 million. The projected expenditure
for fiscal 2014 is $20.0 million to meet post
commissioning expenditure. The project is
96.4% complete.
NATURAL GAS TO CNG STATION
• Pipeline and Metering Infrastructure for
CNG Filling Stations
– This project involves
the expansion of NGC gas distribution
network to supply natural gas to proposed
CNG filling stations across Trinidad, which
is part of a strategic initiative to increase
market share and profitability. The projected
cost of construction of twelve (12) CNG Filling
Stations was revised from$12million to $16.5
million. Expenditure from October 2012 to
March 2013 was $2.8 million. The projected
expenditure for the balance of fiscal 2013 is
$8.5 million and $4.0 million for fiscal 2014
OTHER PROJECTS
•
Charlieville Diversion Pipeline
– In order to
maintain compliance with safety standards,
NGC is required to re-route sections of its
pipeline through less populated areas, from
Point Lisas to Port of Spain. In this regard,
NGC proposes to replace approximately 5.2
km of this pipeline using 20” FBE-coated
steel pipe. Construction is now scheduled
to commence in the second quarter of fiscal
2014, with the commissioning targeted for
July 2014.
The estimated cost of the project is $77.80
million. Projected expenditure for fiscal 2013
is $22.8million and $55.0million is projected
for fiscal 2014.
•
Odorization Facilities Installation Project
– This project includes installation of
odorization facilities on the 16” diameter
mains to Port of Spain and Penal and
retrofitting of existing metering facilities with
zero-emission regulators. The cost of the
project was revised from $8.0 million to $12.5
million. Expenditure for the period October
2012 to March 2013 was $0.2 million and
projected expenditure for fiscal 2013 is $12.3
million. The project is 77% complete.
•
Beachfield Condensate Storage and
Compressor Facility
– This project was
merged with the Beachfield Valve Station
to CIP Interconnect Pipeline projects. NGC
initiated strategies to maximise opportunities
presented in the Union Industrial Estate.
Consequently, the company commenced
the construction of condensate storage and
compressor facilities and also proposes to
install a new pipeline connection.
The condensate storage element entails the
construction of two (2) 16,000 barrel tanks,
effluent treatment skid, delivery pumps
and a metering unit. The tank foundation is
complete and hydro-testing is currently in
progress. Engineering design is projected to
be completed by June 2014 and the facility is
scheduled to be commissioned in June 2015.
The storage facility is 31% complete.
The estimated cost of this revised project
is $182.5 million due to the increased cost
of construction. The actual expenditure for
fiscal 2012 was $7.0 million. The projected
expenditure for fiscal 2013 is $57.6 million
and 2014 is $33.5 million.
ECONOMIC INFRASTRUCTURE
