In a significant development for Trinidad and Tobago’s energy sector, the National Gas Company (NGC) has finalized a major natural gas supply arrangement with upstream producer EOG Resources Trinidad Ltd. The agreement, announced on January 16, represents a strategic move to ensure sustained and reliable gas delivery to the domestic energy market.
NGC Chairman Gerald Ramdeen characterized the agreement as a milestone achievement that demonstrates the company’s determined efforts to collaborate with upstream partners in securing commercially viable natural gas supplies. This development follows closely on NGC’s recent acquisition of the Trinidad Region Onshore Compressor (TROC) asset, collectively forming part of a comprehensive strategy to stabilize gas availability and restore profitability to the company’s core operations.
The successfully negotiated arrangement concludes what both parties describe as mutually beneficial terms. However, the announcement contained pointed criticism of previous energy policies, noting that the current administration has adopted a fundamentally different approach to gas allocation compared to the former government.
Specifically, the release cited the bpTT Cypre project as an example of previous failed policy—a project delivering 250 million standard cubic feet of gas daily at peak capacity without guaranteeing any portion for domestic market needs. The new policy ethos embraced by both NGC and the Ministry of Energy and Energy Industries mandates that future natural gas exploration must include proportional allocations for domestic consumption.
The additional gas supply will enable NGC to meet its contractual commitments to Atlantic LNG while simultaneously increasing availability for downstream customers. Negotiations were spearheaded by acting NGC president Edmund Subryan, supported by specialized legal and commercial teams, who continue to advance additional gas supply stabilization initiatives with board-level and ministerial support.