Trinidad and Tobago's beleaguered LNG producer Atlantic is working with the government on a restructuring to ensure its commercial viability, major shareholders Shell and BP told Argus. The 14.8mn t/yr Atlantic complex at Point Fortin is beset by a chronic feedstock shortage that led to the mothballing of the oldest of its four trains in December, taking down 20pc of capacity. The Covid-19 pandemic has exacerbated Atlantic's commercial challenges. LNG production of 1.1mn m³ in May was down by 19pc from April, and marked the lowest monthly level in 18 years, according to the energy ministry. Atlantic's offtakers have ... (full story)