News

How Oil Production’s Faring in Trinidad

By: Caribbean Journal Staff - January 11, 2015

Above: Trinidad (CJ Photo)

By the Caribbean Journal staff

Trinidad is reporting a 2 percent increase in oil/condensate output in the fourth quarter of 2014.

That was revealed by the Ministry of Energy and Energy Affairs last week.

The increase in the Caribbean country’s output came despite a shutdown of BHP’s facilities for maintenance in mid-November and early December, the government said.

National oil production also averaged 81,000 barrels of oil per day in 2014, roughly the same as output in 2013.

That came after a five-year period in 2006 and 2011 that saw a “precipitous decline” in production.

All of Repsol, Leni Gas and Oil and BPTT saw increases in production in 2014.

“The slide in oil production that started in 2006 has been halted over the last three years,” said Energy Minister Kevin Ramnarine. “We expect oil production in 2015 to be slightly higher than what obtained in 2014.”

Popular Posts the sexiest beaches including this resort at atlantis

The Sexiest Beaches in the Caribbean to Visit Right Now 

One is a beach with a nightclub-style pool right next door. Another is filled with beach bars — and even has its own au natural corner. Then there’s a beach that’s practically a nonstop party.  There are so many things that […]


The Best Caribbean Islands to Visit This Summer, From Antigua to St Croix

verandah antigua

We’ve been saying it for years, and we’ll keep saying it: in some ways, the Caribbean is even better in the summer months. The water is warm. It’s a bit less crowded, a little bit quieter. At night, the trade […]


The Winners of the 2024 Caribbean Green Awards 

caribbean green

With almost 20,000 votes, the winners of the Caribbean Green Awards 2024 Presented by E-Finity have been crowned.  From state-of-the-art marine conservation projects to hotels that are redefining sustainability, the Green movement has never been stronger in the Caribbean.  “This […]


Related Posts beach bungalow on the sand with reflection of water

Curacao’s Newest All-Inclusive Resort Reinvents the Beach Bungalow

Hyatt’s Dreams brand first debuted on the Dutch Caribbean island of Curacao back in 2019, a transformation of what had been the Hilton Curacao. In many ways, Dreams’ debut helped change the game for the island, helping to kick off […]


WestJet Is Coming Back to Bonaire for a Second Season

blue water next to chairs and a balcony

The newest gateway for Canadian travelers to the Dutch Caribbean is coming back again for a second season this upcoming winter, Caribbean Journal has learned.  WestJet, which kicked off its first-ever flights between Toronto and Bonaire last year, has announced […]


How The Sands at Grace Bay Resort Defines the Turks and Caicos Vacation 

palapas on grace bay beach in turks and caicos

You’re right on Grace Bay Beach, one of the best in the world. Your room is spacious and comfortable, with every amenity you need and the ingredients for any vacation you choose. This is the essence of the Turks and […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You