Energy and Energy-Related Industries

Trinidad and Tobago’s energy sector is predicted to make a modest recovery in 2019, on the back of increased natural gas production and hence increased LNG and petrochemical exports. However, the future of oil production largely relies upon the new State oil company, Heritage Petroleum Company, and the ability of the new company to attract capital and successfully drill new wells, improve the integrity of its existing assets and improve operational efficiency. In a recent Trinidad and Tobago Energy Chamber event, a senior member of Heritage Petroleum expressed optimism about the opportunity to produce more from the existing acreage.