Energy Reports

Trinidad & Tobago energy report

Trinidad and Tobago energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Trinidad and Tobago energy market data.

Trinidad & Tobago energy report
Update: February, 2017
Format: 2 files (PDF report, Excel file)
Pages: 26 (Report only)
Delivery: Immediate by e-mail


Overview

Trinidad and Tobago energy market report offers an incisive and reliable overview of the energy sector in Trinidad and Tobago. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Energy and Energy Industries supervises the energy sector.

    Since 1997, natural gas has played an important role in the economy, supplanting oil and reflecting the increasing interest in the development of the gas and petrochemical industry. The Government'...

  • Energy Supply

    Resources:

    Trinidad has substantial hydrocarbon resources: its proven reserves amount to 99 Mt for oil and to 305 bcm for gas (end of 2015).

  • Energy Prices

    Electricity:

    The prices of electricity in the residential and industrial sectors are regulated and have not been changed since 2006. They are among the lowest in the world, at about US$4.7c/kWh and US$3.2c/kWh (2016), respectively.

    Graph: ELECTRICITY PRICES FOR INDUSTRY AND HOUSEHOLDS (US$c/kWh)

    ...
  • Energy Consumption

    The country ranks third worldwide in terms of per capita energy consumption (13.7 toe, i.e 10 times the average for Latin America and the Caribbean). Electricity consumption per capita is approximately 6 700 kWh (2015). The exceptionally high level of energy consumption per capita is explained...

  • Issues & Prospects

    Gas:

    Today, the gas reserves over production ratio (8 years, vs 38 years in 2000) seems insufficient to meet the rate of development and the growth in domestic consumption. A reduction in supply could lead to an increase in costs, which would undermine the competitiveness of downstream industries (...

  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY
Download the Table of Contents

In the Trinidad and Tobago market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2015, %)
  • GRAPH 9: Final consumption market share by sector (2015, %)

In the Trinidad and Tobago market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Trinidad and Tobago market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2015 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Trinidad and Tobago Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Trinidad and Tobago energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).


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