(Energy Analytics Institute, 24.Jun.2022) — Energy briefs including economic details not limited to inflation reaching 11.2% y/y in 1Q:22 in the Cayman Islands, Hurricane Agatha causing severe flooding in Cuba in June 2022; Guyana’s Natural Resource Fund hitting $643.98mn in May 2022; Suriname’s real GDP growth is expected to reach 1.8% in 2022, following two years of contraction; higher energy prices somewhat eroded by lower-than-expected energy production in Trinidad and Tobago; and more.

LATIN AMERICA AND THE CARIBBEAN

Trinidad and Tobago

“Higher energy prices have been somewhat eroded by lower-than-expected energy production. For the fiscal year to May 2022, oil prices were 40% above budget, while gas prices were 43% higher, according to the most recent edition of the “Caribbean Monthly Economic Report.”

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.