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Energy & Energy-Related Industries
In the Caribbean, Trinidad and Tobago is most reliant on energy for national revenue – currently accounting for around 32% of the country’s gross domestic product (GDP) – as opposed to tourism, which is the mainstay of most other Caribbean island economies.
T&T’S ENERGY CHALLENGES
The country has seen its fair share of challenges in recent times based on its significant reliance on energy sector revenues. Not only from the precipitous fall in commodity global prices –