T&T LNG Exports Edge Higher in 2025

  • Trinidad and Tobago’s (T&T’s) liquefied natural gas (LNG) exports to regional markets edged higher to 10.7 billion cubic metres (bcm) in 2025, from 10.3 bcm in 2024. The increase followed two consecutive years of lower export volumes and reflected a modest recovery in domestic LNG production, even as competition in the global market continued to intensify.
  • According to the Energy Institute’s 2026 Statistical Review of World Energy, South and Central America remained T&T’s largest regional market, receiving 4.57 bcm of LNG in 2025. Europe imported 3.23 bcm, followed by Asia-Pacific with 1.91 bcm, North America with 0.72 bcm and the Middle East and Africa with a combined 0.29 bcm.
  • Europe became a larger market after Russia’s invasion of Ukraine disrupted pipeline gas supplies and increased demand for LNG. T&T benefited from its Atlantic Basin location and relatively short shipping distances, although European demand has since eased as gas storage recovered and buyers diversified their supply sources.
  • Competition also intensified in 2025, with the United States exporting 147 bcm of LNG, up 27% year-over-year and equal to roughly one-quarter of global exports. The expansion of US Gulf Coast capacity has increased the supply of flexible cargoes available to buyers, giving importers more sourcing options and placing greater competitive pressure on established exporters, including T&T.
  • Domestic LNG production improved during 2025 after several years of gas-supply constraints. However, output remains below historical levels, and the progress of projects such as Mento, Manatee and potentially Dragon will be important for sustaining Atlantic LNG production, supporting downstream industries and meeting domestic gas demand.
  • The Middle East war disrupted LNG flows through the Strait of Hormuz, tightening global supply and increasing demand for cargoes from other producing regions. This could create opportunities for T&T’s LNG sector, although domestic gas-supply constraints may limit its ability to increase production and exports.

(Sources: Trinidad and Tobago Guardian, IEA & Reuters)