How is the Natural Gas Master Plan 2014-24 significant for the future of T&T’s energy sector?
The Americas Energy
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Interviews & Viewpoints | Gerry Brooks, Chairman, The National Gas Company of Trinidad and Tobago (NGC): Interview from The Report: Trinidad & Tobago 2016
Articles & Analysis | Trinidad and Tobago plans to transition away from fossil fuels from The Report: Trinidad & Tobago 2016
Due to the country’s abundant low-cost hydrocarbons, Trinidad and Tobago has historically given a low priority to the development and use of alternative and renewable energy sources. That same high dependence on oil and gas has placed the country comparatively high up on global rankings in terms of greenhouse gas (GHG) emissions.
For the past four decades the energy sector has been the backbone of Trinidad and Tobago’s economy. On average, the industry’s contribution to national GDP has been around 40%, although this has ranged from a high of 50.8% in 2008 to a low of 32.1% in 2015. In the fourth quarter of 2015 GDP was down 3% year-on-year, reflecting a 5% contraction in the energy sector. In addition to lower prices...
Although low oil and gas prices in 2015 had a negative economic effect on the Trinidad and Tobago, the current government is pursuing a series of reforms aimed at both strengthening the important energy sector and diversifying the wider economy.
Economic update | Energías renovables no convencionales complementarán la seguridad energética colombiana
27 May 2016
La vulnerabilidad hacia el cambio climático ha impulsado a Colombia a acelerar las inversiones en energía eólica y solar.
Economic update | Panamá está un paso más cerca de obtener electricidad a base de gas natural
5 May 2016
Tras los esfuerzos conjuntos del sector público y privado para diversificar el mix energético panameño, el país está desarrollando una terminal de importación de gas natural licuado (GNL) y una instalación vinculada de generación de energía eléctrica en la provincia de Colón.