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Table of Contents

List of Figures List of Tables Acknowledgements Introduction Chapter 1: From Walter Darwent to Atlantic LNG Train 4 Trevor M. Boopsingh Chapter 2: The Last Decade-Liquefied Natural Gas and Its Impact Trevor M. Boopsingh Chapter 3: Managing the Resource-based Economy in Times of Plenty Gregory McGuire Chapter 4: Natural Gas Market Structure, Contracts and Pricing in Trinidad and Tobago Gregory McGuire Chapter 5: Maximizing National Value-Ownership, National Participation,Local Content and Sustainable Development Anthony E. Paul Chapter 6: Trinidad and Tobago and Its Neighbours Professor Anthony T. Bryan Chapter 7: Future Hydrocarbon Resources Anthony E. Paul Chapter 8: Sustaining and Leveraging the Energy Sector Portfolio over the Next 100 Years Baajnath Sirinath Chapter 9: Energy and Development-Realizing the Vision Kerston Coombs Chapter 10: The Social Impact Richard Braithwaite and Trevor M. Boopsingh Chapter 11: Hydrocarbons and the Environment in Trinidad and Tobago: An Emerging Legal Relationship Dr. Rajendra Ramlogan Chapter 12: Petroleum Taxation in Context: The Role of the State Trevor M. Boopsingh Chapter 13: Taking Trinidad and Tobago Forward and Abroad: The Technical Challenges Anthony E. Paul and Trevor M. Boopsingh Chapter 14: The Communication Challenge Richard Braithwaite Chapter 15: The Leadership Challenge Dr. Kermitt W. Walrond Index

About the Author

Trevor M. Boopsingh was a distinguished member of the International Society of Petroleum Engineers. He served as Permanent Secretary in the Ministry of Energy and Natural Resources from 1981 to 1987. He was a senior lecturer in the Department of Engineering at the University of the West Indies and served as chairman of its Engineering Institute from 1994 to 1998. He also served as chairman of the state-owned oil company Petrotrin from 1991 to 1995. His seminal work, Oil, Gas, and Development: A View from the South, was published in 1990. Boopsingh was awarded Trinidad and Tobago's second highest honor: the Chaconia Medal (Gold) for his outstanding contribution to the nation. Gregory McGuire is recognized as one of the leading energy economists in Trinidad and Tobago. He has over twenty years of cumulative experience in the energy industry, with particular emphasis on negotiating gas contracts, strategic planning, and gas marketing.


This collection of papers offers an extraordinarily valuable glimpse into every important aspect of the `Trinidad and Tobago model.' The fact that the small, two-island Caribbean state provided an example to the world on the successful commercialization of a very modest amount of natural gas reserves amply qualifies the book's insights for study and emulation in countries far bigger than ours. -- David Renwick, co-founder of ENERGY Caribbean magazine and recipient of the Hummingbird Medal (Gold) in 2008
This authoritative collection of papers . . . is by far the most comprehensive and well-judged assessment I have seen. It provides both a well-written overview of the history of oil and gas development over the past century and also a well-informed assessment of where oil and gas policy is likely to lead. . . . It will be essential reading for all energy practitioners in Trinidad and Tobago and all other petroleum producer governments and companies. -- Paul Tempest, recipient of lifetime awards from the International Association of Energy Economics in 2008 and the British Institute of Energy Economics in 2010

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