Media Release: NGC Finalises Commercial Agreement with Global Petroleum Group (GPG)
Apr 06, 2018
NGC is pleased to announce that the Company has finalised a commercial agreement with Global Petroleum Group (GPG) operating in Grenada. This agreement marks a major development in the collaboration and energy cooperation among CARICOM countries, and is an important pillar in growing and strengthening the region’s economies. The relationship between the two companies is a result of the Energy Sector Development Framework Agreement signed between the Government of the Republic of Trinidad and Tobago (GORTT) and the Government of Grenada. GPG is an oil and gas company currently undertaking exploration and appraisal activities off the south coast of Grenada, near the Patao/Dragon fields in Venezuela and North Coast Marine Area (NCMA) fields in Trinidad.