Trinidad and Tobago Oil

242,982,000barrels
0.01%
of world reserves
at current production
71,566b/d−0.008% YoY
27,005b/d+0.09% YoY
Daily Surplus (2024)
+44,567b/d

Consumption uses 37.7% of production.

Production
Consumption
Surplus

Oil Reserves in Trinidad and Tobago

  • Trinidad and Tobago has proven oil reserves of 242,982,000 barrels (as reported in 2025) (#53 in the world), representing 0.01% of the world's total.
  • As of 2025 production rates, Trinidad and Tobago has roughly 13 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Trinidad and Tobago

  • Trinidad and Tobago produced 71,566 barrels per day of oil and petroleum liquids in 2025 (#58 in the world), a decrease of 0.008% from 71,572 barrels per day in 2024.
  • Of that, 51,200 barrels per day was crude oil in 2025.
  • And 15,360 barrels per day was natural gas plant liquids (NGPL) in 2025.

Trinidad and Tobago has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.

Oil Consumption in Trinidad and Tobago

  • Trinidad and Tobago consumed 27,005 barrels per day of oil and petroleum products in 2024 (#130 in the world), an increase of 0.09% from 2023. This represents 0.03% of the world's total oil consumption.
  • Per capita, oil consumption in Trinidad and Tobago averaged 0.75 us gallons per day in 2024 (#88 in the world).
  • The largest refined-product categories were Motor Gasoline (39.2%), Distillate Fuel Oil (32.3%), and Jet Fuel (17.3%).

(Historical) Oil Imports & Exports in Trinidad and Tobago

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Trinidad and Tobago

  • In 2024, Trinidad and Tobago produced approximately 71,572 barrels per day of oil and consumed 27,005 barrels per day , a surplus of 44,567 barrels per day.

Trinidad and Tobago Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025242,982,000530.01%71,566−0.008%580.07%————————
2024242,982,000520.01%71,572−1.6%550.07%27,005+0.09%1300.03%0.75———
2023242,982,000530.01%72,726−7.7%550.07%26,980+0.41%1310.03%0.75———
2022242,982,000540.01%78,759−3.5%550.08%26,869+15.6%1300.03%0.75———
2021242,982,000530.01%81,623+6.5%540.09%23,250−2.8%1360.02%0.66———
2020———76,624−7.5%540.08%23,921−18.5%1310.03%0.68———
2019242,982,000530.01%82,813−5.9%520.08%29,340−18%1240.03%0.83———
2018242,982,000530.01%87,980−11.4%520.09%35,784−22.2%1150.04%1.0264,66022,06742,593
2017242,982,000530.01%99,283+2.1%510.10%46,015−12.3%1100.05%1.3491,08027,32663,754
2016728,300,000410.04%97,229−11.1%490.10%52,461+2.1%1010.05%1.53104,27428,04576,229
2015728,300,000420.04%109,333−5%490.11%51,358+5.9%1000.05%1.5178,42331,01647,407
2014728,300,000420.04%115,059−2.9%490.12%48,506−6.4%1010.05%1.4374,33632,60741,729
2013728,300,000420.04%118,526−2.2%470.13%51,800+20%980.06%1.5482,51834,15948,359
2012728,300,000420.05%121,184−14.6%460.13%43,154−9.1%1040.05%1.2993,17030,78362,387
2011728,300,000410.05%141,906−4.6%470.16%47,457+2.1%990.05%1.4386,03238,58147,451
2010728,300,000400.05%148,720−4.9%470.17%46,474−5.7%1000.05%1.4170,54945,31225,237
2009728,300,000400.05%156,364−0.49%440.18%49,308−2.4%970.06%1.597,96153,57544,386
2008728,300,000400.05%157,135+0.32%450.18%50,510−2.7%960.06%1.5591,80553,94437,861
2007728,300,000410.06%156,629−13.1%450.18%51,915+5.1%960.06%1.694,30659,37534,931
2006990,000,000380.08%180,152+5.7%440.21%49,407−1.4%960.06%1.5382,75972,02210,737
2005990,000,000370.08%170,505+12.9%440.20%50,125+15.9%930.06%1.5695,19072,48822,702
2004990,000,000370.08%151,017−7%460.18%43,260−5.6%970.05%1.3564,32858,9875,341
2003716,000,000390.06%162,363+6.2%440.20%45,834+27.8%930.06%1.4488,94470,29618,648
2002716,000,000390.07%152,905+15.1%460.20%35,853+9.8%970.05%1.1391,57568,35623,219
2001686,000,000380.07%132,795−3.1%470.17%32,650−4.1%1000.04%1.0393,40248,49344,909
2000605,000,000390.06%137,043−2.2%460.18%34,060+44.9%990.04%1.08100,57752,43148,146
1999534,000,000420.05%140,079+5.5%450.19%23,500+7.8%1090.03%0.7582,69855,61227,086
1998600,000,000400.06%132,827−0.49%460.18%21,800−2.7%1130.03%0.774,72651,38323,343
1997600,000,000400.06%133,475−4.5%440.18%22,400+9.8%1080.03%0.7240,56649,502−8,936
1996500,000,000380.05%139,800−0.99%430.19%20,400−6%1100.03%0.6642,71858,774−16,056
1995500,000,000380.05%141,200+0%420.20%21,700−9.6%1090.03%0.727,37258,502−31,130
1994500,000,000370.05%141,200+14.4%410.20%24,000+12.7%1010.04%0.7831,34860,170−28,822
1993600,000,000370.06%123,467−15.1%440.18%21,300−2.3%1090.03%0.738,59859,569−20,971
1992500,000,000370.05%145,399−2.5%370.22%21,800+1.4%1070.03%0.7255,47676,522−21,046
1991500,000,000380.05%149,203−1.2%350.22%21,500+5.9%860.03%0.7243,17772,488−29,311
1990500,000,000360.05%151,060+1.2%350.23%20,300−3.8%860.03%0.6818,19475,281−57,087
1989500,000,000370.06%149,238−1.2%350.23%21,100+14.1%860.03%0.712,79373,205−70,412
1988600,000,000340.07%151,000−2.6%330.23%18,500−10.2%890.03%0.637,02274,544−67,522
1987600,000,000340.09%155,000−8.3%340.25%20,600−10.8%840.03%0.717,72076,192−68,472
1986500,000,000380.07%169,000−4%320.27%23,100−3.8%810.04%0.811,08689,189−88,103
1985500,000,000380.07%176,000+4.1%310.30%24,000−4%790.04%0.85093,922−93,922
1984600,000,000340.09%169,000+3.7%320.28%25,000−3.8%760.04%0.9089,053−89,053
1983600,000,000340.09%163,000−10.9%310.28%26,000−13.3%770.04%0.94082,186−82,186
1982600,000,000340.09%183,000−24.7%280.31%30,000−23.1%730.05%1.1091,574−91,574
1981700,000,000330.11%243,000+13.6%260.40%39,000−7.1%690.06%1.440112,524−112,524
1980700,000,000320.11%214,000—260.33%42,000—670.07%1.570121,912−121,912

See also

Sources