Media Release

NGC and CNC sign Gas Sales Agreement

Apr 2nd, 2018
The National Gas Company of Trinidad and Tobago Limited (NGC) and Caribbean Nitrogen Company Limited (CNC) wish to announce that a new gas sales agreement has been signed,
which will allow the resumption of gas to the CNC Plant.

The parties have resolved all outstanding issues and reached agreement on the key commercial terms of a new gas sales contract, that are beneficial to both parties and to Trinidad and Tobago.

Further to our previous joint release we would again like to thank the Honourable Minister of Energy and Energy Industries Franklin Khan and the Honourable Minister in the Office of the Prime Minister Stuart Young for their respective roles in helping to bring these negotiations to a successful conclusion.

The parties look forward to working cooperatively in the best interest of all stakeholders and that of Trinidad and Tobago.

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Photo 01In photo at NGC and CNC signing are from left to right:
Edmund Subryan, Vice President, Legal & Corporate Affairs, NGC; Verlier Quan Vie, VP, Commercial, NGC; NGC Chairman Gerry C. Brooks; Jerome Dookie, CEO CNC; David Inglefield, Consultant, CNC.

Photo 02NGC President, Mark Loquan