Over the past few weeks, employees will have seen a number of media reports alleging ‘mismanagement’ at NGC, in relation to certain project and investment decisions. NGC’s investment in a turnaround at Atlantic’s Train 1 facility was one of the main subjects under discussion.
Based on the volume of reports on this matter, many of which have presented erroneous or incomplete information as fact, we wish to offer some clarity to employees with regard to the business case behind NGC’s decision. We also wish to address the issue of indemnification and to correct some misconceptions being disseminated through the media.
Our hope is that this fact sheet will address any doubts or concerns that employees may have, and give reassurance that the Company’s leaders have been and continue to be guided by The NGC Group’s core values and principles of integrity, good governance and accountability in all the decisions they take.