Trinidad And Tobago Energy Information

Total Energy Consumption

The country ranks third worldwide in terms of per capita energy consumption (over 12 toe, i.e. nearly 10 times the average for Latin America and the Caribbean). Electricity consumption per capita is approximately 6 000 kWh (2019). This exceptionally high level of energy consumption per capita is explained by the existence of energy-intensive industries (ammonia, methanol, fertilizers and aluminium).

Interactive Chart Trinidad And Tobago Total Energy Consumption

Crude Oil Production

Between 2006 and 2019, oil production fell by 56% (-6%/year), from 8.5 Mt to 3.8 Mt. According to preliminary statistics, it declined by a further 4% in 2020. This rapid decrease is mainly explained by a faster than expected decline in the production of the Angostura field and by the rapid collapse in the production at Trinmar.

Around 30% of the oil production is exported (1.1 Mt in 2019). According to preliminary estimates, exports dipped by 7.5% in 2020.

Interactive Chart Trinidad And Tobago Crude Oil Production

CO₂ Fuel Combustion/CO₂ Emissions

In its NDC, the country aims to achieve a conditional reduction of 15% in GHG emissions by 2030 from a BAU case (reduction of 103 MtCO₂eq); investments of US$2bn would be required to meet this objective, to be financed both through domestic funds and the international Green Climate Fund. Around 70% of this reduction should be achieved in industry (72 MtCO₂eq, for investments evaluated at US$320m), 28% in power generation (29 MtCO₂eq, US$945m), and 2% in transport (2.6 MtCO₂eq, US$735m).