NGC chairman: Nutrien shut-down benefiting other Pt Lisas companies

The phased shutdown of Nutrien’s Trinidad facility, initiated in October due to disputes over port fees and unreliable natural gas supply, has unexpectedly benefited other companies on the Point Lisas Industrial Estate. Gerald Ramdeen, Chairman of the National Gas Company of Trinidad and Tobago (NGC), revealed that the redistribution of gas previously allocated to Nutrien has enabled companies like Proman, Phoenix Park Gas Processors Ltd, and Methanex to exceed their daily production quotas. Ramdeen emphasized that this redistribution has significantly enhanced the output of nearly all plants on the estate, marking a positive shift in the industrial landscape. Additionally, NGC has increased its capacity to supply gas to Atlantic LNG, further bolstering the nation’s energy sector. In another development, the United States’ decision to remove a 15% tariff on ammonia and ammonia product exports has been hailed as a major win for Trinidad and Tobago. Ramdeen and Energy Minister Roodal Moonilal credited the government’s diplomatic efforts, led by Prime Minister Kamla Persad-Bissessar and Foreign Minister Sean Sobers, for this favorable outcome. The tariff removal is expected to strengthen Trinidad and Tobago’s position in the global fertiliser market and support global food security. However, former Prime Minister Stuart Young criticized the government, alleging that the Nutrien shutdown has damaged the country’s reputation and economy, while dismissing the tariff removal as a distraction.