TTNGL: Trinidad and Tobago NGL Limited

TTNGL was incorporated on September 13, 2013 by The National Gas Company of Trinidad and Tobago Limited (NGC) to enable the public to participate in an Initial Public Offering (IPO) to own an equity interest in Phoenix Park Gas Processors Limited (PPGPL). Through an Initial Public Offering (IPO) in 2015 and an Additional Public Offering (APO) in 2017, the public (individuals and institutions of Trinidad and Tobago) holds a 75% equity interest in TTNGL, while NGC holds the remaining 25%.

Whilst TTNGL was formed as a corporate entity in 2013, its underlying investment, Phoenix Park Gas Processors Limited (PPGPL), is a company with over 30 years of operating history in Trinidad and Tobago’s natural gas-based energy sector.