The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a new Gas Sales Contract (GSC) with Methanol Holdings (Trinidad) Limited (MHTL), marking the completion of all downstream gas contract renewals with the country’s major petrochemical producers.

The agreement was executed today, May 19th, at NGC’s Head Office in Point Lisas and is being viewed as another significant step in advancing the company’s downstream gas contracting agenda.

MHTL is the largest methanol producer on the Point Lisas Industrial Estate and under the new arrangement, NGC will continue supplying natural gas to support MHTL’s methanol production operations at Point Lisas. The company said the contract reflects its ongoing commitment to ensuring the long-term sustainability and competitiveness of Trinidad and Tobago’s petrochemical sector.