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Titlebook: Oil and Gas in Trinidad and Tobago; Managing the Resourc Roger Hosein Book 2021 The Editor(s) (if applicable) and The Author(s), under excl

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The Petrochemical Sector of T&T: With Reference to the Methanol Industry in T&T,e in the production of gas and greater proportion of the gas is now going towards LNG in 2020 as compared to 2014. This raises the question of whether the country making the best use of its natural gas.
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Dutch Disease, Baumol Disease and Labour Productivity in a Small Petroleum-Based Economy,ount of changes in sectoral labour productivity in the BT sector. In the period 2009–2016, the main reason for the fall in labour productivity was the decline in the share of the BT sector in total employment.
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Benefitting from Existing Comparative Advantage : Maximizing Economic Rents,secondary and tertiary oil recovery efforts and the importance of restarting the refinery. The critical importance of the LO/FO/IPSC program is highlighted and a call made to expand its width and depth.
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,Economic History of Oil Exploration and Production in T&T, 1857–2020, value added of the sector. The data demonstrates how T&T’s staple export base migrated from agricultural goods to crude oil and the shift in production from land production to marine production and presently dominated by natural gas production.
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History of Oil Refining in T&T,o the period of peak performance in the 1970s. The chapter then elaborated the factors which weakened the position of the refining sector in T&T, including the presence of rigidities in the business environment that prevented the desulphurization plant to be set up by Texaco in the early 1970s.
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,An Assessment of the Macroeconomic Landscape: 1955–2020,od 1955–2018 totaling US$75.2 bn. This surge in economic rents helped to breed a sense of dependence and successive governments failed to aptly diversify the production base away from the petroleum sector.
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