Young disputes PM’s claims on NGC profits

For­mer en­er­gy min­is­ter Stu­art Young has ac­cused Prime Min­is­ter Kam­la Per­sad-Bisses­sar of at­tempt­ing to take cred­it for the Na­tion­al Gas Com­pa­ny’s im­proved fi­nan­cial per­for­mance, in a state­ment is­sued a short while ago.

Young said the prof­it record­ed by the Na­tion­al Gas Com­pa­ny of Trinidad and To­ba­go for the year end­ed De­cem­ber 31, 2025, re­sult­ed from de­ci­sions tak­en un­der the for­mer Peo­ple’s Na­tion­al Move­ment ad­min­is­tra­tion.

He said the re­struc­tur­ing of At­lantic LNG in De­cem­ber 2023 played a key role in boost­ing rev­enues, along with changes to gas pric­ing arrange­ments.