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The gas price prior to reform was $0.10 US per liter with the quota of 100 liters per month per passenger car. The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter.
A 1.5-liter and a 10-liter AdBlue container Hino truck and its SCR next to the diesel particulate filter (DPF) with regeneration process by the late fuel injection to control exhaust temperature to burn off soot [1] [2] Passenger car using an AdBlue pump. Diesel exhaust fluid (DEF; also known as AUS 32 and sometimes marketed as AdBlue [3]) is a ...
Since January 2023, petrol is taxed at a rate of €0.53799/litre and diesel at a rate of €0.42875/litre, [17] with a VAT of 16% added to the total price. As of 2022, a "maximum fuel price" has been established by the government, capped at €1.534/litre for EURO 95 petrol and at €1.498/litre for diesel since 7 January 2025.
The following year, NP purchased half of the assets of Esso in T&T. [3] It acquired the marketing and distribution assets of the Trinidad and Tobago Oil Company (formerly Shell Trinidad) in August 1974, [4] and became the sole government authorized distributor of refined petroleum in the country [3] [5] in 1976. [3]
More upgrades were done on the plants as recent as 2011. By being the only refinery in operation in the Caribbean, Trinidad & Tobago became the supplier of refined petroleum products to the rest of the region. [9] Petrotrin produced 48,047 barrels per day (7,638.9 m 3 /d) and had proven reserves totaling 439,585 million barrels (6.98884 × 10 ...
The economy of Trinidad and Tobago is the third ... Economic growth reached 12.6% in 2006 and 5.5% in 2007 as prices for oil, petrochemicals, and LNG remained high ...
Its GNI per capita of US$20,070 [1] (2014 GNI at Atlas Method) is one of the highest in the Caribbean. [2] In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy.
(The government bought out Tesoro in 1985, and changed the name of the company to Trinidad and Tobago Petroleum Company Ltd [Trintopec].) In 1974, the government bought the local assets of Shell Trinidad Ltd, and formed a new national oil company, the Trinidad and Tobago Oil Company Ltd (Trintoc) to hold and operate them. The government formed ...