Nutrien shutdown puts 1,600 jobs at risk

The impending controlled shutdown of Nutrien Trinidad, a global leader in crop inputs and services, has raised concerns over the potential loss of more than 1,600 jobs. The shutdown, effective October 23, stems from limited port access and challenges in securing affordable natural gas supplies. Nutrien’s Point Lisas facility, operational since 1998, is a critical hub for its global fertilizer supply chain, exporting ammonia and urea to markets in North and South America, Europe, and Africa. The closure could significantly impact Trinidad and Tobago’s economy, as Nutrien contributes substantial foreign exchange earnings.

The National Energy Corporation (NEC), a subsidiary of the National Gas Company (NGC), issued formal notices to companies with significant arrears, including Nutrien, warning of suspended port access if balances exceeding $610 million were not settled within 14 days. Edmond Thompson, Nutrien’s Vice President and Managing Director, stated that the company disputes NEC’s claims of retroactive port service fees and has been engaged in constructive dialogue to resolve the matter. However, NEC’s decision to restrict port access has left Nutrien with no choice but to initiate a temporary shutdown.

Thompson acknowledged the potential need for temporary workforce adjustments, including short-term layoffs, while maintaining essential services and safeguarding assets. He emphasized the company’s commitment to supporting employees through the Employee Assistance Programme. The shutdown has sparked political tensions, with Energy Minister Roodal Moonilal attributing the crisis to the previous administration’s failure to negotiate new contractual arrangements with downstream operators. Former Energy Minister Stuart Young criticized the current government, warning that the energy sector is collapsing under its management.

The American Chamber of Commerce (Amcham) and the Energy Chamber of Trinidad and Tobago have called for continued collaboration among stakeholders to address operational and infrastructural challenges. Both chambers emphasized the importance of maintaining investor confidence and ensuring Trinidad and Tobago remains an attractive destination for energy investment. The government’s efforts to resolve gas supply and infrastructure issues are seen as critical to safeguarding jobs and the future of Point Lisas.