$100 Oil: Guyana vs Trinidad — Who Benefits More?
September 15, 2026
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$100 Oil: Guyana vs Trinidad — Who Benefits More?
With oil prices going up again, both Guyana and Trinidad and Tobago could see some growth in their economies, but which one is poised to benefit more? Guyana's position with crude oil means they have the raw materials, but they lack infrastructre that Trinidad has. Which one do you think is better positioned?
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Oil is back above US$100 per barrel, but the Caribbean’s two biggest energy producers, Guyana and Trinidad and Tobago, will not benefit equally.
Guyana produces crude oil, so higher Brent prices can translate more directly into higher export revenue.
And Guyana’s share of production is also rising.
The government is now entitled to 39.8 per cent of crude from the ExxonMobil-led Stabroek Block. That’s up from its original 12.5 per cent entitlement because the consortium recovered US$55 billion in development costs sooner than expected.
Guyana is reportedly scheduled to receive about 12 million barrels in September. At approximately US$100 per barrel, that allocation could have a gross market value of roughly US$1.2 billion, depending on the actual selling price and other adjustments.
But Trinidad and Tobago is in a different position.
Although Trinidad still produces some crude, its energy sector is now driven primarily by natural gas, liquefied natural gas, ammonia and methanol.
Those products are not priced at US$100 per barrel. Natural gas has separate benchmarks and LNG is sold under different contract arrangements. Trinidad could still benefit if the wider energy crisis raises gas and LNG prices, but the increase in Brent does not flow directly into most of its exports.
Trinidad also faces a shortage of natural gas, leaving parts of its LNG and petrochemical industry operating below capacity.
So Guyana has more crude to sell at higher prices. Trinidad has valuable infrastructure but not enough gas and less direct exposure to the Brent boom.
And that’s the bottom line.
Which country is better positioned to benefit from today’s energy market—Guyana or Trinidad?
