Very usefull links


News links




Dow Jones

Oil price



Views and News






TT Energy firms vow to be energy efficient

Photo courtesy the Office of the Prime Minister.

Prime Minister Dr Keith Rowley cuts the ribbon officially opening the tradeshow at the Trinidad and Tobago Energy Conference 2019, hosted by the Energy Chamber of Trinidad and Tobago.

By Melanie Waithe / TT Newsday

Petroleumworld 02 08 2019

ELEVEN of TT's biggest energy companies have signed on to the TT Energy Chamber's Energy Efficiency Declaration, giving their word to work towards reducing greenhouse gas (GHG) emissions. The agreement was announced on February 5, during the TT Energy Conference, which is hosted by the chamber.

In a release, the chamber said it recognises the role of energy efficiency to the development of the TT economy, as well as reducing GHGs. The chamber said it hopes the ideals of the declaration will be “embraced and adopted by its membership and the wider nation.” “Energy efficiency measures and initiatives will be crucial for the initial reduction of GHGs. Getting the industry to best in class levels of efficiency is the equivalent of unlocking a marginal field's worth of gas. While some options may be costlier than others, collaboration across the sector presents opportunities to reduce costs and identify opportunities,” the chamber said.

The overall benefit to the economy will be improved reserves to production ratios, jobs, lower emissions and increased levels of foreign exchange.

Energy Efficiency Declaration:

“The international community has identified improving energy efficiency as a crucial objective to meeting the dual challenges of increasing demand for energy and combating climate change. TT has been consistently ranked as having one of the highest levels of energy intensity in the world and being one of the highest greenhouse gas emitters per capita. Furthermore, over the past decade, TT has experienced significant shortfalls in gas availability for industry, resulting in negative impacts to the economy and contributing to the scarcity of foreign exchange.

Recognising the positive impact that higher levels of energy efficiency can have on both the economy and the environment, we the leaders in the energy sector, commit to optimising the use of TT's finite natural resources and to reducing greenhouse gas emissions through our activities.

The signatories to this declaration will therefore endeavour to increase the levels of energy efficiency and conservation in the following areas:

Facilities: By examining the integration of energy efficient technology, programmes and policies into existing operations.

Natural gas utilisation, electricity generation and electricity consumption: By exploring and deploying opportunities to optimise the use of natural resources, raising the awareness of employees, contractors and partners and where applicable, examining the use of renewable and sustainable sources of energy.

Transportation: Through further collaboration in aviation, land and marine transportation logistics and where applicable, the use of energy efficient technology.

The signatories to this declaration further commit to:

Work collaboratively with the Energy Chamber, other stakeholders in the sector and with the government and international community to ensure that the necessary policy and regulatory environment is in place to encourage investment in energy efficiency and other greenhouse gas reduction activities.

Report annually to the Energy Chamber on the actions that we have taken to improve energy efficiency and decrease greenhouse gas emissions from our companies' activities.

Companies signing on to the declaration are:




Damus Ltd

EOG Resources Trinidad

Massy Energy

Shell TT

National Gas Company

Methanol Holdings (Trinidad) Ltd

Methanex Trinidad Ltd

Yara Trinidad Ltd


Story from TT Newsday
02 07 2019


Hit your target - Advertise with us

PW 300.000 plus request per week

We invite all our readers to share with us
their views and comments about this article.


Write to

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to:

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1




Editor & Publisher:Elio Ohep/
Contact Email:

CopyRight © 1999-2019, Elio Ohep A. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld ™  / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.