Operating Companies in the NGC Group of Companies
The NGC Group of Companies
In the world of natural gas, the NGC Group is an extraordinary force.
For over four decades, the members of the NGC Group have been co-creators and implementors of a globally-admired, proprietary blueprint for sustainable natural gas-based development; a model that ensures Trinidad and Tobago derives maximum value from its natural gas resources.
This proven ability and capacity equip us to share this uncommon knowledge with potential, emerging international gas-based jurisdictions, while continuing to secure our business at home, developing our people and securing Trinidad and Tobago’s future.
NGC Group Operations
- Natural gas-based development and merchandising
- Pipeline construction
- LNG production
- Development and management of industrial sites
- Port and marine infrastructure
- Processing, fractionation, and marketing of Natural Gas Liquids (NGLs)
- Marketing of Compressed Natural Gas (CNG)
National Energy Corporation of Trinidad and Tobago (National Energy) was incorporated in 1979 to continue the government’s efforts at monetizing the country’s natural gas resources and developing and managing industrial, port and marine infrastructure. National Energy was involved in the construction and operation of the early petrochemical plants, and the port and marine infrastructure which service all plants on the west-coast Point Lisas Industrial Estate. In 1999, National Energy, a wholly-owned subsidiary of NGC, became an independent entity within the NGC Group of Companies, with a mandate to develop and manage suitable infrastructure in order to facilitate and promote the various activities relevant and appropriate to natural gas-related operations.
La Brea Industrial Development Company Limited (LABIDCO) was formed in February 1995 to develop the La Brea Industrial Estate for industrial activity. The Company’s principal business is the promotion, development, and management of an industrial estate and marine infrastructure facilities in support of the energy sector’s development. NGC holds 91.55% of shares in LABIDCO and the Petroleum Company of Trinidad and Tobago Limited (PETROTRIN) holds the remaining 8.45%. The Company offers developed industrial sites for lease, bioremediation services for the treatment of oily waste, port facilities for import/export of goods and materials, logistics services, open and covered storage, and dock/yard for the fabrication of platforms.
Phoenix Park Gas Processors Limited (PPGPL)
Phoenix Park Gas Processors Limited (PPGPL) was formed in May 1989 and commenced production in 1991. It is owned by NGC NGL Company Limited (51%), Trinidad and Tobago NGL Limited (39%) and Pan West Engineers and Constructors LLC (10%). It is located on the Point Lisas Industrial Estate, the heart of Trinidad and Tobago’s petrochemical sector, where it operates a state-of-the-art cryogenic gas processing facility. It is engaged in natural gas processing and the aggregation, fractionation and marketing of natural gas liquids (NGLs), operating as an NGL hub.
Trinidad and Tobago NGL Limited (TTNGL)
Trinidad and Tobago NGL Limited (TTNGL) was formed by NGC in 2013 to hold 39% of the shares of PPGPL. Of this 39%, it was proposed that 49% be allocated for sale to the citizens of Trinidad and Tobago via an Initial Public Offering. On October 19th 2015, TTNGL was officially listed on the Trinidad and Tobago Stock Exchange (TTSE). A further divestment was undertaken in 2017, reducing NGC’s shareholding in PPGPL to 52%.
NGC CNG Company Limited
NGC CNG Company Limited (NGC CNG) is a wholly-owned subsidiary of NGC. NGC CNG has been mandated by the Government of Trinidad and Tobago to accelerate and expand the use of Compressed Natural Gas (CNG) as a major alternative transportation fuel in the country.