Trinidad and Tobago Oil

Oil Reserves in Trinidad and Tobago (2025)

See also: List of countries by Oil Reserves

Trinidad and Tobago holds 242,982,000 barrels of proven oil reserves as of 2025, ranking #53 in the world and accounting for about 0.014% of the world's total oil reserves of 1,765,151,568,000.

Trinidad and Tobago has proven reserves equivalent to 24.7 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 25 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Trinidad and Tobago

Oil Consumption in Trinidad and Tobago (2024)

See also: List of countries by Oil Consumption

• Trinidad and Tobago consumes 27,005 barrels per day (B/d) of oil as of the year 2024.
• Trinidad and Tobago ranks #130 in the world for oil consumption, accounting for about 0.026% of the world's total consumption of 102,559,503 barrels per day.
• Trinidad and Tobago consumes 0.75 gallons of oil per capita every day (based on the 2024 population of 1,507,782 people), or 275 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in Trinidad and Tobago (2024)

See also: List of countries by Oil Production

• Trinidad and Tobago produces 71,572 barrels per day of oil (as of 2024) ranking #55 in the world.
• At 2024 production levels, Trinidad and Tobago produces every year about 10.75% of its proven reserves ( 2025).

Oil Imports (2018)

• In 2018, Trinidad and Tobago imported 119% of its oil consumption (42,593 barrels per day out of 35,784 consumed).

History of Oil Consumption and Production