From Oil to Gas and Beyond

A Review of the Trinidad and Tobago Model and Analysis of Future Challenges

Edited by Trevor M. Boopsingh, Gregory McGuire

Publication date:

01 August 2014

Length of book:

496 pages

Publisher

UPA

ISBN-13: 9780761863281

From Oil to Gas and Beyond chronicles the history of the petroleum industry in Trinidad and Tobago and appraises major policy decisions impacting its economy. The book details the macroeconomic, commercial, and technical challenges faced by Trinidad and Tobago in the monetization of its oil and gas resources over the past one hundred years. The contributors cover several topics including local content, national participation, sustainability, communication, leadership, energy diplomacy, environmental law and macroeconomic policy.

List of Figures
List of Tables
Acknowledgements
Introduction

Chapter 1: From Walter Darwent to Atlantic LNG Train 4
Trevor M. Boopsingh

Chapter 2: The Last Decade—Liquefied Natural Gas and Its Impact
Trevor M. Boopsingh

Chapter 3: Managing the Resource-based Economy in Times of Plenty
Gregory McGuire

Chapter 4: Natural Gas Market Structure, Contracts and Pricing in Trinidad and Tobago
Gregory McGuire

Chapter 5: Maximizing National Value—Ownership, National Participation,Local Content and Sustainable Development
Anthony E. Paul

Chapter 6: Trinidad and Tobago and Its Neighbours
Professor Anthony T. Bryan

Chapter 7: Future Hydrocarbon Resources
Anthony E. Paul

Chapter 8: Sustaining and Leveraging the Energy Sector Portfolio over the Next 100 Years
Baajnath Sirinath

Chapter 9: Energy and Development—Realizing the Vision
Kerston Coombs

Chapter 10: The Social Impact
Richard Braithwaite and Trevor M. Boopsingh

Chapter 11: Hydrocarbons and the Environment in Trinidad and Tobago: An Emerging Legal Relationship
Dr. Rajendra Ramlogan

Chapter 12: Petroleum Taxation in Context: The Role of the State
Trevor M. Boopsingh

Chapter 13: Taking Trinidad and Tobago Forward and Abroad: The Technical Challenges
Anthony E. Paul and Trevor M. Boopsingh

Chapter 14: The Communication Challenge
Richard Braithwaite

Chapter 15: The Leadership Challenge
Dr. Kermitt W. Walrond
Index

This collection of papers offers an extraordinarily valuable glimpse into every important aspect of the ‘Trinidad and Tobago model.’ The fact that the small, two-island Caribbean state provided an example to the world on the successful commercialization of a very modest amount of natural gas reserves amply qualifies the book’s insights for study and emulation in countries far bigger than ours.