Moonilal: Energy rebound to fuel T&T growth outlook
Business
Finance
Politics
April 9, 2026
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Energy Minister Dr Roodal Moonilal has said marginal increases in oil production, stabilised natural gas output, and progress on several key energy projects are expected to underpin T&T’s economic growth in 2027.
On Wednesday, the World Bank, in its report entitled Latin America and the Caribbean Economic Update, stated that T&T’s economy is expected to grow by 0.7 per cent in 2026 before accelerating to 3.2 per cent in 2027.
The report noted, “Trinidad and Tobago—another hydrocarbon producer—benefits intermittently from gas-related activity, but with a more mature production profile and without the scale of expansion seen in Guyana.”
Business
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