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  • 8 months ago
The National Gas Company has completed what it describes as a major strategic move to strengthen the country's energy infrastructure.

NGC has acquired the Trinidad Region Onshore Compressor; a critical asset previously owned by bp Trinidad and Tobago.
Transcript
00:00NGC Chairman Gerald Ramdeen says the acquisition is aimed at improving energy security
00:06and giving the company greater control over the flow of natural gas to both domestic and export markets.
00:13Trinidad Region Onshore Compressor plays a key role in maintaining pipeline pressure
00:17and optimizing gas flow from offshore producers to downstream customers
00:22through NGC's 56-inch cross-island pipeline,
00:26which runs from Guayaguayari to Atlantic LNG in Point Fortin.
00:31With the compressor now under its control, NGC says it will be better positioned to sustain production
00:37for mature gas fields, improve reliability across the gas network,
00:42and ensure uninterrupted supply to major customers, including Atlantic LNG.
00:48According to NGC, the absence of compression capacity in the past
00:52limited the company's ability to fully benefit from the unitization of Atlantic LNG trains,
00:58at times preventing gas from flowing into the facility.
01:03The company says the acquisition of Trinidad Region Onshore Compressor now removes that constraint.
01:09Acting President of NGC, Edmund Sobrien, says bringing the asset under NGC's management
01:14strengthens operational efficiency and resilience while supporting long-term growth and future energy projects.
01:22NGC says the acquisition is part of a broader strategy to modernize the national gas network,
01:29support investment, and reinforce its role as the country's primary gas aggregator,
01:34as Trinidad and Tobago works to stabilize supply and advance its energy transition goals.
01:41Aksha Galston, TV6 News.
01:44Aksha Galston, TV6 News.
01:45Aksha Galston, TV6 News.
01:46Aksha Galston, TV6 News.
01:47Aksha Galston, TV6 News.
01:48Aksha Galston, TV6 News.
01:49Aksha Galston, TV6 News.
01:50Aksha Galston, TV6 News.
01:51Aksha Galston, TV6 News.
01:52Aksha Galston, TV6 News.
01:53Aksha Galston, TV6 News.
01:54Aksha Galston, TV6 News.
01:55Aksha Galston, TV6 News.
01:56Aksha Galston, TV6 News.
01:57Aksha Galston, TV6 News.
01:58Aksha Galston, TV6 News.
01:59Aksha Galston, TV6 News.
02:00Aksha Galston, TV6 News.
02:01Aksha Galston, TV6 News.
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