Abstract

This article gives a brief background and some historical context to the laws applicable to the petroleum industry in the Republic of Trinidad and Tobago. There is an attempt to discern the ownership theory that applies in the jurisdiction and discussion of whether or not the law of capture is recognised. There is also a brief discussion of the private/public petroleum rights dichotomy in Trinidad and Tobago, followed by a look at the issue of apportionment of petroleum underlying State and private lands, which has implications for calculation of, inter alia, royalty payable to the State ...