Trinidad And Tobago Key Figures
- Population:
- 1.40 million
- GDP growth rate:
- -1.0 %/year
- Energy independence:
- 100%
Data of the last year available: 2021
- Total consumption/GDP:*
- 89.6 (2005=100)
- CO2 Emissions:
- 20.2 tCO2/capita
- Rate of T&D power losses:
- 4.76%
* at purchasing power parity
View all macro and energy indicators in the Trinidad and Tobago energy report
Trinidad And Tobago Related News
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Trinidad And Tobago Related Research
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Total Energy Consumption
The country ranks third worldwide in terms of per capita energy consumption (around 10.7 toe in 2021 and over 12 toe over 2016-2019, i.e. nearly 10 times the average for Latin America and the Caribbean). Electricity consumption per capita is approximately 6 000 kWh (2021, i.e. 3 times the average for Latin America and the Caribbean). 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
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Trinidad and Tobago energy report
Crude Oil Production
In 2021, crude oil production stood at 3.8 Mt. Between 2006 and 2020, crude oil production fell by 58% (-6%/year), from 8.5 Mt to 3.6 Mt. 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.
In 2021, the Ruby offshore field (Block 3a) (68% BHP, 32% NGC) started producing. It should produce 16 kb/d of oil and 875 mcm/year of gas.
Around 80% of the oil production is exported (3.1 Mt in 2021); the rest is consumed in the energy sector.
Interactive Chart Trinidad And Tobago Crude Oil Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset
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).