The National Gas Co. of Trinidad and Tobago (NGC) on Nov. 20 announced the completion of Gas Sales Contracts (GSCs) with PCS Nitrogen Trinidad Ltd. (Nutrien) and the Trinidad Nitrogen Co. Ltd. (TRINGEN).
“When you think of this country’s contribution as a leading exporter of ammonia, globally, the importance of these gas sales contracts cannot be understated,” said NGC President Mark Loquan. “At NGC, we want to do our part to ensure our downstream sector remains globally competitive and remains a major contributor to Trinidad and Tobago’s sustained economic development.”
“Our teams have been working on these GSCs with our Point Lisas partners for some time, and these signings are the culmination of careful planning, hours of negotiation, and NGC’s unwavering commitment as the aggregator of gas,” he added. “Specifically, I’d like to thank the teams at Nutrien and TRINGEN for their partnership and I thank the team at NGC for their dedication.”
In the case of Nutrien, NGC said the supply of natural gas will support the company’s four anhydrous ammonia plants and one urea plant, all located at the Point Lisas Industrial Estate (PLIE). NGC said the GSC will ensure that TRINGEN’s two independent ammonia plants, as well as its gas turbine power generation (GTG), will continue to operate at the PLIE.
In recent weeks, NGC said it has successfully closed other ammonia sector GSCs, notably with Proman for the execution of Gas Sales Contracts for Caribbean Nitrogen Co. Ltd. (CNC) and Nitrogen (2000) Unlimited (N2000), as well as with Point Lisas Nitrogen Ltd. (PLNL) (GM Oct. 6, p. 1).
NGC said it is continuing to work with other key business partners in the sector to close GSCs that will enable these businesses to continue on their growth path.