NGC Trinidad and Tobago
LNG Limited (NGC LNG)
The National Gas Company of Trinidad and Tobago LNG Limited (NGC LNG) is an associate company of NGC. It is a holding company with 10% shareholding in Atlantic LNG 1 which was the first train established to develop liquified natural gas in Pt. Fortin. Created in 1995, the first shipment was made in 1999. There are now four trains in Pt. Fortin and Atlantic LNG is the sixth largest exporter of LNG in the world. Other shareholders in ALNG1 include BP, Shell and Suez, all international energy companies. NEL has 37.84% shareholding in NGC LNG and is another vehicle through which shareholders in NEL are able to participate in the energy sector of Trinidad and Tobago.