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The Trinidad and Tobago Manufacturers’ Association (TTMA) has advised its members that there will be no change to the National Gas Company’s (NGC) decision to increase natural gas prices for Light Industrial Consumers (LIC) for the 2026 period.
Earlier this week, Guardian Media reported that NGC had officially informed local manufacturers who use natural gas that the price of the commodity will be increased by between 60 and 70 per cent by the end of January.
In an update circulated to members yesterday afternoon, the TTMA outlined the outcome of a meeting held with NGC on Thursday, at which the association raised concerns about the impact of the proposed adjustment on the non-energy manufacturing sector.
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