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How did Trinidad benefits from petroleum?

Updated: 8/21/2019
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Trinidad's economy benefited from a growing trade surplus, improved infrastructure and other utilities from the country's petroleum.

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Q: How did Trinidad benefits from petroleum?
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How Trinidad benefits from petroleum?

Tinidad benefits from petroleum products such as methanol, ammonia, urea, and liquefied natural gas which has resulted to a growing trade surplus, and improved infrastructure.


What is Trinidad and tobago export goods?

Petroleum


What are the resources of Trinidad and Tobago?

oil, naturalgas, asphalt, petroleum


Does Trinidad produce petroleum?

yea budday...dem does produce nuff


Is petroleum a natural resource found in Trinidad?

Yes it is. Asphalt as well


What does Trinidad and tobago export?

sugar, oil, bauxite, petroleum, and bananas


What Caribbean contry can we find petroleum?

Trinidad and Tobago is a Caribbean country where petroleum can be found. It is known for its oil and gas resources, which play a significant role in the country's economy.


Which Caribbean country has a large quantities of petroleum?

Trinidad and Tobago is known to have significant quantities of petroleum reserves in the Caribbean region. It is one of the leading oil and natural gas producers in the area.


Map of Trinidad and tobago showing areas of natural resources?

pitch, petroleum,limestone,cement,oilfield,gypsum,gasfield .


What is the money use in Trinidad and tobago?

Trinidad and Tobago's main source of income is based on the energy sector. We export LNG (liquified natural gas), petroleum and petroleum based products, and steel. Within the Caribbean region, cement, food and beverages are also exported to help with our income. While some money is mad from tourism, unlike most Caribbean island Trinidad and Tobago's main source of revenue is not tourism. Rather, we are a business and industry based island. Trinidad and Tobago's main source of income is based on the energy sector. We export LNG (liquified natural gas), petroleum and petroleum based products, and steel. Within the Caribbean region, cement, food and beverages are also exported to help with our income. While some money is mad from tourism, unlike most Caribbean island Trinidad and Tobago's main source of revenue is not tourism. Rather, we are a business and industry based island.


Examples of a renewable resource in Trinidad?

Trinidad and Tobago has several renewable resources. These include tobacco, timber, and coconut. It also includes biomass and solar energy.


What is a lake of asphalt?

Asphalt is a sticky, black and viscous liquid present in most crude petroleum's. There is a Pitch Lake in Trinidad, La Brea Tar Pits in California, and Guanaco Lake in Venezuela