Major Petroleum Cos. Pay T&T $114.7 Bln during 2010-2016

Instant Max AI

(Energy Analytics Institute, Aaron Simonsky, 20.Aug.2018) – Payments by major oil and gas companies to the government of the twin-island nation of Trinidad and Tobago totaled $114.7 billion during 2010-2016.

That’s according to figures posted by Strategic Energy Advisor Kevin Ramnarine, who is also the Former Energy Minster of Trinidad and Tobago.

Ramnarine provided the data in a post on LinkedIn.

The payment amounts by major companies to the Trinidad and Tobago government by company follow:

1) BP, $37.1 bln

2) NGC, $32.3 bln

3) Petrotrin, $20.3 bln

4) EOG Resources, $10.6 bln

5) Shell, $8.9 bln

6) BHP, $5.5 bln

TOTAL $114.7 bln

Sources: Various @TTEITI Secretariat, Anthony Wilson and Trinidad Express Newspapers

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