LONDON, March 27 (Reuters) - BP has given final

approval to its Ginger gas development in Trinidad and Tobago,

it said on Thursday, one of ten new projects listed by CEO

Murray Auchincloss in a strategy revamp last month to underpin

BP's renewed focus on oil and gas.

Ginger, which will be tied back to one of BP's existing

twelve platforms off Trinidad's East coast, is expected to start

producing in 2027 with a peak production of 62,000 barrels of

oil equivalent per day, the company said.

The Trinidad and Tobago government has been encouraging BP

and other producers to increase natural gas production to meet

the demand of its flagship liquefied natural gas facility,

Atlantic LNG, and its petrochemical plants.

BP is a 45% shareholder in Atlantic LNG and last year

produced only 8.5 million metric tons out of a possible 12.5

MTPA capacity due to low gas availability, according to

preliminary data from LSEG.

"The Ginger development, as well as bpTT's Cypre gas

project, scheduled to start up in 2025, are part of bpTT's

strategy of maximizing production from existing acreage," BP

said in a statement.

BP said it also discovered gas at its Frangipani well

offshore Trinidad which is in the same geological structure as

Ginger. The company said it is looking at how it can quickly

move the discovery forward.

(Reporting by Shadia Nasralla in London, Curtis Williams in

Houston Editing by Louise Heavens and Ros Russell)