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Market Chatter: Shell Suspends Aphrodite Offshore Gas Development in Trinidad Over Sale Dispute

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Shell (SHEL.L, SHELL.AS) halted work on its Aphrodite offshore gas project in Trinidad and Tobago amid discord with the country's National Gas Co. over the conditions of sale, Reuters reported Monday, citing three people familiar with the decision.

The project, for which the British oil and gas giant issued a positive final investment decision in 2025, is expected to produce 100 million cubic feet of natural gas per day.

Shell and National Gas Co. did not immediately respond to requests for comments from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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