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Belize Energy Sector Diagnostic PUC 17 ß Investment in energy infrastructure ß Threat of environmental damage caused by energy use ß Uneven access of the world’s population to modern energy These are issues the authors of the WEO 2002, suggests should be paramount in the energy system discussions at the national, regional and global levels. 1.2 Regional Context21 Any discussion of Belize in a regional context, of necessity must include both the Caribbean and Central American Region. While its geographic location puts it squarely within the Central American Region, the country shares a common history and has established formal alliances with the Anglophone countries of the Caribbean. The Caribbean The islands of the Caribbean Basin22 with a total population of approximately 37 million in 2002 are predominantly net energy importers, with the exception of Trinidad and Tobago, which is rich in hydrocarbons. According to the Energy Information Administration, in 2001 the islands of the region consumed a combined total of 2.2 quadrillion Btu of energy. Oil is the dominant fuel, accounting for about 92% of total 2001 energy consumption23 (see Annex 1 for table of Primary Energy Consumption in the Caribbean in 2001). The islands rely on imported oil for most of their energy needs. Barbados, the Dominican Republic, Haiti and Jamaica are part to the San Jose Accord, under which Mexico and Venezuela supply crude oil and refined products under favourable terms. Natural gas and hydropower are used in countries that have these domestic resources. Natural gas is used most extensively in Trinidad and Tobago. Figure 4 – Caribbean Oil Production 1980-2002 In terms of production, only three Caribbean countries have oil and natural gas reserves: Barbados, Cuba and Trinidad and Tobago (T&T). Of these T&T is the only significant exporter. The country has become one of the major natural gas development centers in the world and is the world’s leading exporter of both ammonia and methanol. In early 2004, the largest methanol plant in the world, Atlas, is expected to be completed there. Barbados oil production totalled 1,200 bbl/d in 2002. Barbados has no refineries. Its oil is refined in Trinidad and then returned for domestic consumption. Oil production declined slightly since 2001 despite efforts of Barbados National Oil Company to expand 21 this second draws heavily on the Energy Information Administration’s regional fact sheet. 22 The EIA classification includes the French and Dutch islands, Cuba and Puerto Rico 23 www.eia.doe.gov, Caribbean Fact SheetPDF Image | Energy for Sustainable Development Toward a National Energy Strategy for Belize Energy Sector Diagnostic
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