At present, Trinidad and Tobago has three major energy-based industrial sites located at:

• Point Lisas - Petrochemical and Metals Processing
• Point Fortin - Liquefied Natural Gas
• Pointe-à-Pierre - Petroleum Refining
  

Trinidad and Tobago is a global leader in the export of Methanol, Ammonia and Liquefied Natural Gas (LNG) to the USA and is currently ranked as the largest single-site exporter of Methanol and Ammonia in the world. Additionally, more than 70 % of LNG imports to the United States originated from Trinidad and Tobago in 2008. Trinidad is also a major player n the international iron and steel market, as well as in the export of crude oil and refined petroleum products.

Benefits of Investing in Trinidad and Tobago

•  Highly developed oil, petrochemical and steel industries
•  Access to developed and emerging markets
•  Highly skilled and trained labour force
•  Relatively low energy costs
•  Competitive raw material costs and availability
•  Competitive fiscal incentives
•  Excellent infrastructure and support services for heavy industries
•  Developed support and secondary industries
•  Advanced education and trining facilities
•  Excellent living standards and communities for foreigners, nationals and their families
  

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The Republic of Trinidad and Tobago
General County Information

Area	5,128 sq. km
Population	1.3 million
Location	11°N, 61°W
Language	English
Currency	Trinidad and Tobago Dollar (TT$)
Economic Activity	Energy, Manufacturing, Tourism
Political System	Democratic Republic

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Overview of the Energy Industry (2009)

Crude Oil Production	110,000 bpd
Oil Refining Output	140,000 bpd
Natural Gas Production	3.9 bcf/d
LNG Production (capacity)	15 MMtonnes
NGC Production (capacity)	70,000 bpd
Power Generation	1600 MW
3P Gas Reserves	30.1 TCF
3P Oil Reserves	2.5 billion barrels

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Natural Gas Based Production (2009)
(Capacity)

Methanol Production	6.5 MM tonnes
Ammonia Production	5.6 MM tonnes
Urea	1.3 MM tonnes
Nitric Acid*	495 K tonnes
UAN*	1.4 MM tonnes
Melamine*	60 K tonnes
Ammonium Nitrate*	630 K tonnes
Urea Formaldehyde	12 K tonnes
Iron & Steel	4.7 MM tonnes

* Production Start-up: 2010

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Key Economic Indicators (2009)
 

GDP	US$19,620 MM
GDP per capita	US$14,975
Real GDP Growth	-4.9%
Inflation	7.0%
Unemployment	5.25%
Net Foreign Reserves	US$10,783 MM
Exports	US$16,021 MM
Imports	US$6,951 MM

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Multinationals Operating in Trinidad and Tobago

BGTT (British Gas)	Repsol	Yara	BHP Billiton
bpTT	Talisman	Koch	KBR
PCS	Chevron/Texaco	Schlumberger	Conoco
EOG Resources	Halliburton	Lurgi	Exxon/Mobil
Methanex	Total	PetroCanada	Canadian Superior

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Contact Information:

Mrs. Marleen Lord-Lewis
Vice President, Business Devlopment
Email: MlordLewis@ngc.co.tt