Trinidad and Tobago is the largest Caribbean producer of natural gas in CARICOM and the second largest producer of oil after Guyana, and its economy is heavily dependent upon these resources.

Trinidad and Tobago is the Caribbean nation most famous for its vast reserves of natural gas and petroleum. Unlike many of its neighbors that rely almost exclusively on tourism, Trinidad has a robust industrial economy driven by the energy sector. It is one of the world's largest exporters of Liquefied Natural Gas (LNG) and a leading producer of ammonia and methanol. The majority of these resources are located offshore in the Columbus Basin and the North Coast Marine Area. In 2026, the country continues to play a pivotal role in regional energy security, particularly through the "Dragon Gas Project" partnership with Venezuela. The energy sector accounts for a significant portion of the nation's GDP, and the Atlantic LNG plant in Point Fortin remains one of the largest facilities of its kind in the Western Hemisphere, cementing the twin-island republic's status as an industrial powerhouse in a region primarily known for its beaches.