by Conrad Enill, Chairman of the NGC Group of Companies

I am extremely delighted to be here today, to participate in the announcement of yet another completed project which has engaged the attention of the dedicated men and women of the NGC Group of Companies, who work on behalf of the people of Trinidad and Tobago in delivering energy projects. Our group is owned by the people of Trinidad and Tobago, and therefore we act as trustees on their behalf in managing the affairs of energy in the context of new global realities.

Our success today, is therefore the success of the people of Trinidad and Tobago. Our focus continues to be to ensure that we create the best results for the people of Trinidad and Tobago in very difficult circumstances. I am happy to report therefore to the people of Trinidad and Tobago that we are confronting the challenges in our new environment.

NGC was established in 1975 to purchase, sell and transport natural gas to the petrochemical and light industrial commercial sectors. In 1983, our role was expanded to include the production of gas through the collection and compression of low pressure associated gas from oil field operations. In the late 1980s, as the demand for processed gas on the estate increased, the quality of gas supplied by the NGC contained liquids, which impacted the lifespan of equipment of downstream customers and consequently changed their cost of production. It was recognized that if this challenge was not addressed, we would become less attractive as an investor choice for energy projects.