NGC NGL Company Limited (NGC NGL)
The National Gas Company of Trinidad and Tobago(NGC) is a key player in the development of the local natural gas industry of Trinidad and Tobago. Established by the Government of Trinidad and Tobago in August 1975, NGC is today an international investment grade company. One of its main subsidiaries is NGC NGL Company of Trinidad and Tobago Limited (NGC NGL). This is a holding company with 51.0% shareholding in Phoenix Park Gas Processors Limited (PPGPL). PPGPL is one of the largest and most efficient gas processing facilities in the Americas. The processing leads to the fractionation of natural gas liquids in to propane, butane and natural gasoline which are then marketed in the Caribbean and Central America. The company has successfully increased its operational efficiencies and has a number of new initiatives that are aimed at positively impacting its financial performance.