Energy Bulletin 2016 PDF Print E-mail

During 2015, international Crude Oil prices averaged US$49.00 per barrel showing a significant decrease when compared to the previ-ous average of US$93.00 per barrel during 2014. The data presented in this bulletin provides information on:

  • Production and Sales of Crude Oil and Natural Gas;
  • Export and Import figures for petroleum products;
  • Petroleum pricing at both international and the local retail level;
  • The amount of barrels of products consumed locally;
  • and Electricity sales and Generation.

This bulletin also includes data on the Oil and Gas find-ings as well as exploration attempts onshore.The Division will continue to work assiduously to provide forecast and outlooks on the Energy Sector.

The Division has also launched a National Energy Information System (NEIS) in November 2015 at the University of West indies Cave Hill Campus in conjunction with the Latin American Energy Organisation (OLADE). With this system, the Division of Energy and Telecommunications will be better positioned to improve the whole data collection process to better inform policy and decision making We hope that you will enjoy reading this edition of the bulletin and look forward to your comments and feedback to make this periodical better.

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Overview PDF Print E-mail

Located in the Trinity Business Center in Country Road, St. Michael, the Energy Division was established in 1978, in the Ministry of Trade, on the advice of technical assistance experts from the Overseas Development Administration of the U.K.

A geologist, seconded from the Ministry of Agriculture, was the first full-time employee of the Division which was previously staffed by one part-time employee, the Director of Petroleum and Natural Gas.

Since 1978, the Division has expanded into an organization responsible for oil and gas, alternative energy and energy conservation (having amalgamated with the Energy Conservation Unit). The Division also provides geological and earth science services to other Government departments, as well as to the private sector.

The Division is charged with the mandate of monitoring petroleum price movements; liaising with the CariCom Secretariat and OLADE on regional energy issues; preparing Cabinet Papers, briefs, speeches, position papers and comments on energy, geological and earth science-related matters; so that the functioning of an efficient, reliable sector may be ensured.

The Energy Division is comprised of an Administrative Unit, the Legal & Regulatory Unit, the Natural Resources Department, the Renewable Energy & Energy Conservation Unit and the Research & Planning Unit.

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Energy Tip!

Keep in mind that insulation and sealing air leaks will help your energy performance in the summertime by keeping the cool air inside.


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