Latin America · TTO
Trinidad and Tobago
Atlantic LNG and a methanol/ammonia complex. Gas decline is the national question.
Oil production
0.1 mb/d
0.0 mb/d demand
Net oil
+0.0 mb/d
Export surplus
Gas production
25 bcm
Net +11 bcm
O&G rent
14.0%
Fiscal breakeven $45
Oil balance
Production versus demand, 2025, million barrels per day.
Production0.1 mb/d
Consumption0.0 mb/d
Gas balance
Production versus demand, 2025, billion cubic metres.
Production25 bcm
Consumption14 bcm
Proven oil
0 bn bbl
Gas reserves
0.3 tcm
Refining
0.2 mb/d
LNG
11 bcm export
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil6%
- Gas94%
Economy
The budget is a Henry Hub/JKM hybrid. Venezuelan Dragon gas is the hoped-for feed.
- GDP
- $0.0 tn
- Population
- 1.4 m
- Oil intensity
- 0.4 bbl /$1k
- Oil & gas rent
- 14.0% GDP
- Hydrocarbon trade
- -12.0% GDP
- Fiscal breakeven
- $45 /bbl
- $30 oil shock
- +13.0 pp GDP
- Club
- Independent
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.0 mb/d (net +0.0) versus NZE 0.0 mb/d (net +0.0).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Zero 2050 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current Policies | 0.0 | 0.0 | 0.0 | 0.0 |