Shutdown ends: NGC signs new agreement | Local News


State-owned National Gas Company (NGC) said yesterday that it had signed a new natural gas supply agreement with Caribbean Nitrogen Company (CNC), ending a nine-week production stoppage at the Point Lisas-based ammonia company.

CNC closed the ammonia plant on January 24, following the breakdown in its negotiations with NGC for a new natural gas supply contract. NGC cut off the natural gas supply.

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Speaking at last month’s Spotlight on Energy at the Hyatt Regency hotel in Port of Spain, Prime Minister Rowley had announced the commercial “disturbance” between NGC and CNC…

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