“The acquisition serves to broaden PPGPL’s world-class business portfolio, deepen participation in the NGL value chain and advance The NGC Group’s thrust towards international growth. It demonstrates TTNGL’s commitment to deliver value to its shareholders and strengthens the share’s position and solid performance on the Trinidad and Tobago Stock Exchange (TTSE).”
These were the thoughts of The NGC Group Chairman, Mr. Conrad Enill, as he marked the acquisition of a natural gas liquids terminal in the United States, by Phoenix Park Energy Marketing LLC (PPEM), a wholly owned subsidiary of NGC’s subsidiary and asset base of TTNGL, Phoenix Park Gas Processors Limited (PPGPL).