NGC has successfully closed another important gas sales contract with the Trinidad Nitrogen Company Limited, (TRINGEN), one of the longest-operating companies on the Pt Lisas Industrial Estate.
The deal was signed recently at the NGC offices at Point Lisas, further securing one of NGC’s trusted partnerships and underscoring the synergy between the companies in working to maintain the sustainability of the petrochemical sector. The agreement also affirms NGC’s and TRINGEN’s commitment to environmental responsibility.
Commenting on the agreement Mr. Treveno Stenn Mowassie, President of Yara Trinidad Limited commented, “We are pleased to continue our long-standing partnership with this agreement, fortifying our commitment to continued sustainable ammonia production in Trinidad and Tobago. The agreement enables the continued development of our environmentally responsible naturepositive solutions, and we look forward to collaborating towards securing a sustainable long-term gas supply. I am proud of our team effort and recognise the professionalism of NGC during these negotiations.”
A limited liability company, of which 51 per cent is owned by National Enterprises Limited (NEL) and 49 per cent by Yara Caribbean (2002) Ltd, TRINGEN, is a leading manufacturer of anhydrous ammonia at two (2) independent production plants - TRINGEN I and TRINGEN II, at Pt. Lisas. The company also operates a gas turbine power generation plant. Commenting on the agreement with TRINGEN, NGC President, Mr. Mark Loquan relayed that, “NGC is pleased to have completed this agreement as it affirms our commitment as the aggregator of gas and to providing support to the petrochemical sector in Trinidad and Tobago.”
Mr. Loquan also thanked both teams for their efforts in successfully bringing the negotiations to final signing.