Trinidad and Tobago’s condensate output is on track for its highest level in five years, averaging 8,257 barrels per day from January to November 2025, according to data from the Ministry of Energy.
This 11-month average already surpasses the full-year output for the past four years.
In 2024, condensate production averaged 7,117 barrels per day, compared with 6,344 in 2023 and 6,409 in 2022.
Energy major bpTT recorded the highest average condensate production during the first 11 months of 2025, at 4,782 barrels per day.
Overall, Trinidad and Tobago’s crude oil and condensate output is on track for its strongest performance in three years, averaging 53,666 barrels per day over the first 11 months of 2025, according to the Energy Ministry’s Consolidated Monthly Bulletins published on March 19.
Although the 2025 figures cover only January through November, T&T’s crude oil and condensate output has already surpassed the full-year average of 50,870 barrels per day in 2024 and is approaching the 53,726 barrels per day recorded in 2023.
According to 2025 crude oil and condensate production data, October recorded the highest output over the first 11 months, with 55,541 barrels per day produced. Of this, 16,751 barrels came from onshore operations, while 38,790 barrels were from offshore production.
In contrast, March recorded the lowest output over the first 11 months, with 51,098 barrels per day produced. Of this total, 17,302 barrels came from onshore operations, while 33,796 barrels were from offshore production.
The first four months of 2025 all recorded production below the 11-month average.
State-owned Heritage Petroleum’s offshore operations posted the highest average over the 11-month period, producing 16,917 barrels per day.
According to the data, Trinidad and Tobago exported a total of 18.03 million barrels of crude oil between January and November 2025, down from 18.7 million barrels for the full year in 2024.
Paria Fuel Trading imported 2.6 billion litres of refined products in the first 11 months of 2025, down from 2.9 billion litres in 2024.
Local sales for the same period totalled 1.10 billion litres in 2025, compared with 1.19 billion litres in 2024.
Exports reached 1.31 billion litres, slightly lower than the 1.37 billion litres recorded in 2024.
Natural gas production also saw a modest increase between 2025 and 2024, the data has shown.
Output averaged 2,547 million standard cubic feet per day (MMscf/d) over the first 11 months of 2025, up from the 2024 full-year average of 2,539 MMscf/d, but still slightly below 2,590 MMscf/d recorded in 2023.
BpTT recorded the highest average natural gas production at 1,023 MMscf/d, while the LNG sector consumed the largest share of the country’s natural gas.
Ammonia production in 2025 totalled 4,033,820 metric tonnes, slightly down from 4,071,283 metric tonnes in 2024.
Exports reached 3,266,864 metric tonnes in 2025, up from 3,232,525 metric tonnes the previous year, with Nutrien remaining the country’s largest producer and exporter.
Production of downstream ammonia and methanol products between January and November 2025 totalled 1,743,376 metric tonnes, down from 1,845,039 metric tonnes in 2024. This included UAN at 1,181,274 tonnes, urea at 538,340 tonnes, and melamine at 23,761 tonnes.
Exports of these products reached 1,674,527 metric tonnes in for the first 11 months of 2025, compared with 1,824,065 metric tonnes in 2024. Breakdown of exports shows UAN at 1,162,357 tonnes, urea at 488,739 tonnes, and melamine at 23,431 tonnes.
In 2025, methanol production totalled 4,128,062 metric tonnes, down from 5,389,129 metric tonnes in 2024. Exports for the year were 3,962,726 metric tonnes, compared with 5,553,892 metric tonnes in 2024.
Liquefied natural gas (LNG) production from Atlantic LNG in 2025 reached 363,171,340 MMBTU, slightly below the 371,747,438 MMBTU recorded in 2024.
The increases in output coincide with heightened exploration activity, according to data from the Energy Ministry.
According to the Energy Ministry’s data, 2025 saw the highest number of rig days in seven years.
A total of 1,472 rig days were recorded in the first 11 months of 2025, up from 1,234 in 2024 and 1,227 in 2023.
By comparison, rig days were 1,044 in 2022, 1,116 in 2021, 822 in 2020, and 1,445 in 2019.
Between January and November 2025, a total of 348,680 feet were drilled, up from 271,463 feet for the full year in 2024.
For the first 11 months of 2025, there were 38 well completions, compared to 40 in 2024, it stated.
From January to November in 2025, the Ministry of Energy and Energy Industries approved 76 workovers, totalling 14,468 winch hours, down from 108 workovers and 17,746 winch hours in 2024.
Moonilal: More projects in
the pipeline,
as efficiency
gains boost
current operations
Minister of Energy and Energy Industries Roodal Moonilal has shared:
“On assuming office in May 2025, one of the immediate concerns was the declining levels of hydrocarbon production.
“Both natural gas as well as crude oil and condensate production had declined significantly, and reversing this trend became a priority item for this administration.
“We are proud to say that we have reversed the declining trend, particularly in respect of crude oil and condensate, where we have achieved on average 2,800 barrels per day more in 2025 as opposed to 2024 production levels. With respect to natural gas, we have stabilised production with rates holding steady for 2025 when compared to 2024.
“To achieve these improvements in production in the short term, we sought to accelerate projects by liaising with relevant stakeholders to attain earlier first-production dates and improving the efficiency in our operations.
“This was, and continues to be, a short-term measure. For the medium to long term, we have engaged the upstream producers on the implementation of multiple projects over the next four years and I am pleased to say that we expect further increases in natural gas production as major projects such as Manatee Plus, an improvement on the Manatee project, are brought online. With respect to crude oil and condensate production, significant increases are projected as liquids-rich projects are in the pipeline.”
