PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) — Major oil and gas companies in Trinidad and Tobago — BPTT, Shell plc, EOG Resources, BHP Billiton/ Woodside Energy and The National Gas Company of Trinidad and Tobago (NGC) — paid $7.4bn to the government of the twin-island nation between 2015-2022.
The total payments “trend highlights a fluctuating pattern driven by significant surges in specific years, heavily influenced by BP and Shell’s contributions. Over the eight-year period reviewed, 2022 and in some cases 2015, coincided with the highest [US dollar] payments received for the companies,” according to details revealed last week in the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI).
