Trinidad and Other Latin American Countries
Trinidad's recent privatization of its energy industry has led to numerous investments in its
natural gas industry (and electricity generation). Amoco has discovered a substantial
natural gas field and is planning the construction of a large liquefied natural gas facility {see Endnote 92}. ARCO, Broken Hill Properties (Australia), British
Gas, Chevron, Deminex (Germany), ENI (Italy), Enron, Exxon, Premier Oil (UK), Repsol
(Spain), Royal Dutch/Shell, Texaco, Unocal, Veba (Germany), and Wintershall (Germany) all
have petroleum investments in Trinidad.
A few privatization-related projects exist in other Latin American countries. In El Salvador,
Coastal plans to build and operate a $100-million power plant {see Endnote 93}, which is the first privately-owned
plant in El Salvador. A Coastal affiliate will supply fuel to operate the plant. Also, Texaco has a
40-percent share in a production block in Paraguay.