NGC and CNC sign Gas Sales Agreement
The National Gas Company of Trinidad and Tobago Limited (NGC) and Caribbean Nitrogen Company Limited (CNC) wish to announce that a new gas sales agreement has been signed, which will allow the resumption of gas to the CNC Plant.
The parties have resolved all outstanding issues and reached agreement on the key commercial terms of a new gas sales contract, that are beneficial to both parties and to Trinidad and Tobago.
Further to our previous joint release we would again like to thank the Honourable Minister of Energy and Energy Industries Franklin Khan and the Honourable Minister in the Office of the Prime Minister Stuart Young for their respective roles in helping to bring these negotiations to a successful conclusion.
The parties look forward to working cooperatively in the best interest of all stakeholders and that of Trinidad and Tobago.
Corporate Communications Division
The National Gas Company of Trinidad and Tobago Limited