Who is NGC?
The National Gas Company of Trinidad and Tobago Limited (NGC) was incorporated in August 1975 by the Government of Trinidad and Tobago as a wholly-owned state energy company. NGC’s core business includes the aggregation, purchase, sale, transmission and distribution of natural gas, as well as a growing portfolio of investments and activities in the space of clean energy. NGC is an internationally investment-graded company with the financial flexibility to self-finance or access funding on the local and international markets.
What NGC Does
NGC has played a pivotal role in expanding Trinidad and Tobago’s gas-based energy sector and is strategically positioned in the midstream of Trinidad and Tobago’s natural gas value chain. NGC owns, maintains and operates the country’s transmission and distribution gas pipeline network of approximately 1,000 km which comprises both offshore and onshore segments. The network’s installed capacity is currently 4.4 billion standard cubic feet per day (Bscf/d) and supplies power generation firms, global scale petrochemical plants, and a wide range of light manufacturing and commercial enterprises. Consistently profitable, NGC is a significant contributor of taxes and dividends to the national treasury.
Through its investments, strategic partnerships and pioneering gas pricing model, NGC has successfully secured the profitability of the local gas-based energy sector, and catalysed the social, economic and industrial development of Trinidad and Tobago.
Through its subsidiaries and investments, NGC has strong linkages in the downstream and upstream sectors. Today, NGC leads a diversified Group of Companies which is evolving into a global business entity, working to develop a structure that supports its international mission to create exceptional value from natural gas and related energy businesses through valued partnerships and arrangements.
One of the primary objectives of the evolving NGC Group is to lead change in the domestic industrial sector to support the global clean energy agenda. Accordingly, NGC and its subsidiaries are focused on initiatives such as methane and carbon dioxide mitigation, investment in renewable energy projects, promotion of CNG as an alternative fuel, energy education, energy efficiency, and associated advocacy, research and development.
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