South America / GoM

Trinidad flag
Summary | Profile

Country profile: Trinidad

Location: Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela ,0
Climate: tropical; rainy season (June to December)
Terrain: mostly plains with some hills and low mountains
Size: 5128 sq. km total (Land area: 5128 sq. km  Water area: sq.km)
Population: 1,047,366 (July 2008 est.)
Languages: English (official), Caribbean Hindustani (a dialect of Hindi), French, Spanish, Chinese
Government: parliamentary democracy
Capital city: Port-of-Spain
Legal system: based on English common law; judicial review of legislative acts in the Supreme Court; has not accepted compulsory ICJ jurisdiction
Currency: Trinidad and Tobago dollar (TTD)
Licensing:

Country profile

 

The islands of the Caribbean basin are predominantly net energy importers, with the exception of Trinidad and Tobago. Agriculture and natural resource extraction activities continue to constitute the basis of the islands' economies, though the tourism and service sectors are growing. In recent years, the Caribbean countries have been worried that higher global oil prices will impair their efforts to expand economically.
 
In response, the island nations have been discussing ways to better integrate their energy sectors, especially in regards to increased natural gas exports from Trinidad and Tobago to other islands. These efforts have also focused on the major external energy suppliers to the region, such as Mexico and Venezuela.

Energy production and consumption


Oil Gas
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Trinidad - recent news

15 Aug 25
Trinidad: Energy Chamber welcomes the signing of the PSC for the new TTUD-1 Block, offshore, between ExxonMobil and the Government
The Energy Chamber welcomes the signing of the production sharing contract (PSC) for the new TTUD-1 Block between ExxonMobil and the Government of Trinidad and Tobago.
14 Aug 25
Trinidad: Touchstone Exploration announces Q2 2025 results
Touchstone Exploration reports its financial and operating results for the three and six months ended June 30, 2025.
01 Aug 25
Trinidad: EnerMech secures cranes contract extension for bp in Trinidad & Tobago
EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.
01 Aug 25
Canada: Uniper and Tourmaline sign long-term natural gas supply agreement
German energy company Uniper and Tourmaline Oil Corp, Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 Metric Million British Thermal Units (MMBtu) per day beginning in November 2028.
14 Jul 25
Trinidad: Touchstone Exploration provides an operational update on the Central Block, onshore Trinidad
Touchstone Exploration has provided an operational update on the Central Block asset located onshore in the Republic of Trinidad and Tobago. The Central Block asset includes four producing natural gas wells and a gas processing facility.

Trinidad - more news

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