New chance for grenada gas

17th August 2026

Earlier this month the government of Grenada cancelled the production sharing contracts (PSCs) that were held by the Global Petroleum Group (GPG), a company registered in Grenada but with Russian ownership.  GPG had entered into PSCs for offshore blocks to the south of Grenada back in 2013 and drilled two exploration wells in 2017, named Nutmeg 1 and 2.  

The wells were located close to Grenada’s maritime boundary with Venezuela, just to the north of the Dragon gas field in Venezuela and not far from the producing Hibiscus field in Trinidad & Tobago. It was drilled using the Transocean owned semi-submersible Development Driller III in about 400 feet of water, with Trinidad used as the primary shore base to service the rig. 

While the find was announced as a commercial gas find by GPG and the Government of Grenada, details have always been sparse.  To the best of my knowledge there has never been a definitive public statement on the resources discovered. In November 2024 former Finance and Infrastructure Minister, Gregory Bowen, did say during a political meeting that there were commercial recoverable reserves of 1.2 trillion cubic feet of gas (tcf), with a total resource potential of 9 tcf, however I have not seen these numbers verified anywhere.   

Since the 2017 finds GPG have not managed to advance the finds into a commercial development. With the cancellation of the PSCs the hope must now be that the developments can move forward. 

Given the proximity to Trinidad & Tobago, an obvious route to monestise any gas found in the offshore waters south of Grenada would be to bring that gas by pipeline to Trinidad for export via LNG and for the petrochemical sector. There was an existing memorandum of understanding between GPG and the T&T National Gas Company which was reportedly based around this possibility.  GPG also met with the Trinidad & Tobago Minister of Energy, Roodal Moonilal, in June 2025 and just after the April 2025 elections, the Trinidad & Tobago Prime Minister, Kamla Persad Bissessar, spoke positively about the possibility of importing Grenadian gas.

With the cancellation of the PSCs for GPG, the MoU with the NGC will no longer be relevant, but the logic of bringing gas to Trinidad still holds.  The Chairman of Grenada’s Hydrocarbon Technical Working Group, Nazim Burke, spoke at the T&T Energy Conference in 2026, outlining the potential opportunities in Grenada and inviting international oil companies to discuss possibility, as well as reiterating the potential for cooperation between Trinidad & Tobago and Grenada. 

I hope that with the recent news on the cancelation of the GPC PSCs, the Trinidad & Tobago government reaches out to Grenada and also discusses the opportunities in detail.  Given Grenada’s small size and the importance of its tourism sector, I cannot see the country following a strategy of trying to monestise the gas through major industrial development in Grenada.  Nevertheless, Grenadians clearly need to benefit from their resources and this surely needs to not just be through taxation or other government revenue. 

Trinidad & Tobago should be talking with Grenada about developing the capacity of young Grenadians to be able to secure jobs in the energy industry. There is an interesting history here: many of the early oilfield workers in Trinidad actually migrated to Trinidad from Grenada. Tubal Uriah "Buzz" Butler the foundational leader of the Oilfield Workers Trade Union in Trinidad was born in Grenada. There are many skilled oilfield workers in Trinidad, especially in Point Fortin, who still have family connections in Grenada.   Workforce development is an area where there could be key benefits for both Trinidad & Tobago and Grenada, especially if it takes place within the context of the CSME free movement of skilled workers regime. 

The potential for collaboration goes way beyond training and capacity development. While Grenada might be willing to see gas piped to Trinidad for quick monetisation, they will also want to see direct energy benefits for the country, especially with its current high electricity prices. One idea that I think would be worthy of exploration is supplying some of the energy created by Grenadian gas back to Grenada in the form of electricity delivered by subsea cables.  It is only around 160 km between Trinidad and Grenada, and an undersea electricity cable would not be an especially expensive or technically challenging feat. 

While Grenada is not heavily industrialised, there are some consumers in Grenada, such as the brewery, who would benefit from access to natural gas. This will, however, be small volumes, so building a pipeline onshore from an offshore gas field (and the necessary gas processing plant) might not be economically feasible. One solution to that issue could be small-scale LNG, where small volumes of gas are converted to LNG in Trinidad, loaded into LNG ISO containers which can then be easily shipped to Grenada (or elsewhere in the region). 

I am sure that there are many other ways in which Grenada and Trinidad & Tobago could collaborate to make the most of the potential gas resource in Grenada’s waters. It would be good to have discussions that involve not just politicians and government technocrats, but a wider range of stakeholders from both countries, including private-sector companies, chambers and associations, unions and academia. 

Let’s hope that things can now move forward quickly.