Sustainability through People and Technology

I am pleased to report that The National Gas Company of Trinidad and Tobago Limited (NGC) recorded a Group profit after tax of $2.327 billion
for 2018. This represents an increase of $1.338 billion or 135% above the 2017 profit after tax of $989 million which follows a 37% growth for
2017 over 2016.

The Group’s improved profitability was attributable to the ongoing execution of the strategic plan to re-engineer the business to drive new levels of productivity, improvements in commodity prices and partial settlement of the Investment Note Certificates that the Company held in the Clico Investment Bank.

—Professor Gerry C. Brooks