In its continuing efforts to solidify partnerships in the petrochemical sector and support the sector’s continued growth, NGC completed the signing of a Gas Sales Contract (GSC) with PCS Nitrogen Trinidad Limited (Nutrien). The contract, one of several with ammonia exporters operating in Trinidad and Tobago, affirms this country’s position as one of the world’s leading exporters of ammonia.
President of NGC, Mr. Mark Loquan said: “The importance of this gas sales contract cannot be understated and NGC is committed to doing our part as the aggregator of gas to ensure our downstream sector remains a globally competitive and major contributor to Trinidad and Tobago’s sustained economic development.”
The supply of natural gas from NGC will support Nutrien’s ammonia plants and one urea plant, which are located at the Point Lisas Industrial Estate (PLIE). Nutrien operates one of the world’s largest nitrogen complexes contributing to Trinidad being one of the largest exporters of ammonia, 20% of the world’s production. Its ammonia complex is strategically located to serve the US Gulf Coast, the Caribbean and Latin America.
Managing Director of Nutrien Trinidad, Mr Erik Vettergren stated that “We welcome this contract agreement with the National Gas Company and believe it will go some way towards limiting the impact of upstream-related interruptions to gas supplies, further contributing to safety and reliability at our Point Lisas facility. Nutrien Trinidad represents nearly 30 % of our global nitrogen production capacity and is ideally suited to meet our customers’ needs in North and South America, Europe and Africa. We have significant investments planned in 2024 that will enhance reliability and efficiency across our operations in Trinidad and while we believe that we will continue to experience some gas supply tightness over the next two years or so, we appreciate NGC’s efforts to minimise disruptions.”
