Gas Exporting Countries Forum Logo
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
  • RSS Feeds
  • Search
    Search

Trinidad and TobagoTrinidad and Tobago Member

The Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying just off the coast of north-eastern Venezuela and south of Grenada in the Lesser Antilles. It shares maritime boundaries with other nations including Barbados to the northeast, Guyana to the southeast, and Venezuela to the south and west.

The country covers an area 5,128 square kilometers and consists of two main islands, Trinidad and Tobago, and numerous smaller landforms. The population of Trinidad and Tobago is over 1.3 million people.

The President of the Republic of Trinidad and Tobago is HE Anthony Thomas Aquinas Carmona and the Head of Government is Prime Minister, the Honourable Dr. Keith Rowley. The Minister of Energy and Energy Affairs is the Honourable HE Nicole Olivierre M.P.

Trinidad and Tobago is the leading Caribbean producer of oil and gas, and these resources play an important part in the economy. The country also supplies manufactured goods, notably food products and beverages, as well as construction materials to the Caribbean region. Oil and gas account for approximately 40% of GDP and 80% of exports. Recent growth has been fuelled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Trinidad and Tobago achieved a century of commercial oil production in 2008. The country is known globally for the development of its natural gas sector and in 2011 engaged in providing energy services expertise to other countries on projects to enable the development of their natural gas sector. Additionally, downstream value-added petrochemical and other projects are in various stages of planning.

The country is a regional financial center and the tourism industry is also growing.

Major Indicators

Land (1000 sq. km) 5.130 (2010)
Head of State HE Anthony Thomas Aquinas Carmona
Population (million inhabitants) 1.335(2012)
Capital Port of Spain
Language(s) English (official)
National currency Trinidad and Tobago dollar
Energy sources Oil, natural gas
GDP per capita (current US$) 17,964.3 (2012)
GDP (current billion US$) 23.9 (2012)
GDP growth % 1.2 (2012)
Value of exports (billion $) 12.98 (2012)
Value of oil exports (billion $) 4.8 (2012)
Value of gas exports (billion $) 3.5 (2012)
Current account balance (BoP, billion $) 1.32 (2012)
Proven crude oil reserves (billion barrels) 0.244 (2011)
Crude oil production, NGPL and other liquids (1,000 b/d) 81 (2013)
Refinery capacity (1,000 b/d) 160 (2013)
Production of refined petroleum products (1,000 b/d) 132 (2013)
Consumption of petroleum products (1,000 b/d) 28 (2013)
Crude oil exports (1,000 b/d) 34.0 (2013)
Exports of refined petroleum products (1,000 b/d) 102 (2013)
Proven natural gas reserves (trillion cu. m.) 0.37 (2012)
Natural gas exports (billion cu. m.) 19.9 (2013)
Domestic Dry Natural gas consumption (billion cu. m.) 17.0 (2013)
Marketed production of natural gas (billion cu. m.) 39.5 (2013)

Location

  • Share
  • Share Facebook
  • Share Twitter
  • Share LinkedIn
  • Share Email