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Brief history of the territory (France)
Martinique is one of the Windward Islands in the Lesser Antilles. It is an overseas department of France in the eastern Caribbean Sea lying north of Saint Lucia, northwest of Barbados, and south of Dominica.
The island was first occupied by Arawaks, then by Taino Caribs who had migrated from South America. Columbus landed in 1502 but the Spanish did not settle.
It was not until 1635 that France established the first European settlement and eventually killed or expelled every one of the indigenous tribes people.
Subsequently Martinique was occupied several times by the UK who controlled it almost continuously from 1794 to 1815. It was traded back to France at the end of the Napoleonic Wars and remained a French colony until 1946 when the French National Assembly voted to transform it into an Overseas Department.
Historically Martinique has relied on agriculture, but this sector, except for the banana plantations, has reduced considerably. Tourism has replaced agriculture but the territory also relies heavily on French aid.
Oil and gas summary
The island is part of the Antilles island arc, lying on the subduction zone where the North American Plate is disappearing beneath the Caribbean Plate. It is a young volcanic island with limestone cover, mostly in the south. Mont Pelée, its highest volcano, has erupted many times, often with devastating effect.
The geology is not suitable for the generation and accumulation of commercial volumes of oil and gas and Martinique has no identified indigenous oil or gas resources, either onshore or offshore.
Globalshift believes it is unlikely to achieve any production in the future. No exploration wells have ever been drilled on the island or in its surrounding waters.
MARTINIQUE
Map and
National Flag
CENTRAL AMERICA
Overhanging trees
Central America
Capital
Population
Land area (sq kms)
Oil prod (000s b/d)
Gas prod (bcm/yr)
Oil cons (000s b/d)
Gas cons (bcm/yr)
Fort-de-France
0.4 mm
1,128
None
None
18
None
Government
Like Guadeloupe and French Guiana, Martinique is a Department of France. It sends four deputies to the French National Assembly and two senators to the French Senate. Its Chief of State is the President of France.
As an integral part of France it is in the EU and Eurozone with France responsible for its energy resources.