Trinidad & Tobago

Guyana and Trinidad and Tobago to share details of energy agreement

September 20, 2018

Guyana President, Mr. David Granger, announced the soon-to-be-signed Memorandum of Understanding on Energy Sector Cooperation is not a secret document and he would ask for it to be made public. The MOU is “consistent with our rights and obligations within CARICOM, said Mr. Carl Greenidge, Guyana’s Minister of Foreign Affairs, “and in keeping our relationship […]

Sustaining T&T through renewable energy

November 1, 2016

The case for renewable energy in Trinidad & Tobago can be made through solar and wind resources, abundant in the region. Acting alone, the 5,131 square kilometer island cannot have much impact in global emissions, but combined with other initiatives in the Caribbean, there is potential for the country to become a leader in energy […]

T&T gov gets $300m loan from CAF

July 21, 2016

  As part of a plan to bolster tax revenue and cushion reductions of subsidies, the Development Bank of Latin America or Corporacion Andina de Fomento (CAF) will provide a grant of US$300 million to Trinidad and Tobago. Falling energy prices have had a negative impact on the country’s fiscal balance and the “Support Programme […]

LNG exports from Trinidad and Peru losing steam

May 20, 2016

The two remaining producers of LNG in Latin America, Trinidad & Tobago and Peru, are facing the deterioration of a key industry due to upstream issues, low oil and gas prices, and weakening macroeconomics in both countries, says Interfax Global Energy. The challenges of selling LNG into an oversupplied market are compounded by the falling […]

T &T experiences 15% job loss in energy sector in 2015

December 28, 2015

According to an article published by the Trinidad Express, Trindad and Tobago saw a 15% drop in energy jobs in 2015. The Central Bank of Trinidad and Tobago reported a loss of 3,200 jobs during the first half of the year, 2800 of which were eliminated during the second quarter of the year. Additionally, the […]

Trinidad & Tobago – Renewable Energy Target for 2021

November 10, 2015

Trinidad & Tobago has finally committed to a target for the generation of renewable energy. Concern over dwindling reserves has prompted the government to set a goal to meet 10% of its energy demands from alternative sources by 2021. Energy Minister Nicole Olivierre admitted that although it may sound insignificant, the production of 10% sustainable energy […]

Trinidad and Tobago’s election will have implications for its future energy policy

September 7, 2015

As the citizens of Trinidad and Tobago head to the polls, they are “largely uninformed of a worsening economic outlook.” Aside from the social issues (mainly drug trafficking) and infrastructure development, the largest issue affecting Trinidad and Tobago’s election surrounds its energy future and future energy policy.