Media Release
May 19th, 2026
The National Gas Company of Trinidad and Tobago Limited (“NGC”) has taken another significant step in advancing its downstream gas contracting agenda with the formalisation of a new Gas Sales Contract (“GSC”) with Methanol Holdings (Trinidad) Limited (“MHTL”). MHTL is the largest methanol producer on the Point Lisas Estate. The execution of this contract evidences renewed confidence of the petrochemical producers and MHTL in particular, in the management of the downstream petrochemical sector by NGC.
Executed on May 19th 2026, at NGC’s Head Office in Point Lisas, the agreement reinforces NGC’s continued commitment to supporting the long-term sustainability and competitiveness of Trinidad and Tobago’s petrochemical sector. The execution of the methanol GSC comes shortly after the execution of new GSC’s for Proman’s ammonia plants, Caribbean Nitrogen Company Limited (“CNC”) and Nitrogen (2000) Unlimited (“N2000”).
Under the agreement, NGC will supply natural gas to support MHTL’s methanol operations at the Point Lisas Industrial Estate. The GSC reflects NGC’s strategic focus on strengthening collaboration with downstream customers and supporting an industry that remains a major contributor to national economic development, foreign exchange earnings and employment.
