Trinidad and Guyana navigate a shifting Venezuela as US pressure reshapes cross-border gas
Sanctions, licenses and a contested border are redrawing the region's energy map.
The Caribbean energy map is being redrawn by Venezuela. Trinidad has secured US authorisation to pursue cross-border gas activity even as earlier licenses for the Dragon field were revoked, while Guyana’s output climbs and Suriname’s exploration expands across the shared basin. The regional context includes US action against Venezuela and the earlier arraignment of Nicolás Maduro in New York. For the diaspora, the stakes are concrete: energy revenue underpins jobs, currency stability and public spending in Trinidad and Guyana, and the direction of US-Venezuela relations will shape both for years.
Source: Energy Chamber of Trinidad and Tobago; Drilled; Coface country files.