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The National Gas Company of Trinidad and Tobago Limited (NGC) is a state-owned natural gas company. It was created by the Government of Trinidad and Tobago in 1975. NGC operates in the field of gas pipelines, industrial sites, gas production, port and marine infrastructure, natural gas liquids and liquefied natural gas. It has assets worth $43 ...
Atlantic LNG is owned by the National Gas Company of Trinidad and Tobago (NGC Trinidad and Tobago), Shell, BP, and the Chinese Investment Corporation (CIC). The stakes in Train 1 are: Shell (46%) BP (34%) National Gas Company of Trinidad and Tobago (10%) Chinese Investment Corporation (10%) The stakes in Trains 2 and 3 are: Shell (57.5%) BP (42.5%)
The NGC Bocas Lit Fest is the Trinidad and Tobago literary festival that takes place annually during the last weekend of April in Port of Spain. Inaugurated in 2011, [ 1 ] it is the first major literary festival in the southern Caribbean [ 2 ] and largest literary festival in the Anglophone Caribbean .
The company, the Trinidad-Tesoro Petroleum Company Ltd, was a partner in a joint venture with Tesoro Corporation, and was formed to acquire the assets of British Petroleum as it exited operations in the Caribbean. (The government bought out Tesoro in 1985, and changed the name of the company to Trinidad and Tobago Petroleum Company Ltd ...
In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not as proportionately important as in many other Caribbean islands.
60% of the company is jointly owned by the United States companies Beowulf Energy LLC and First Reserve Energy International Fund. Rest is owned by the Trinidad and Tobago companies Guardian Holdings (15%), Unit Trust Corporation (15%), and the National Gas Company of Trinidad and Tobago (10%). [6]
According to a 2013 agreement, Venezuela owns 73.75% of the joint field and Trinidad and Tobago own the remaining 26.25%. [ 2 ] Trinidad and Tobago originally planned to develop the gas field in cooperation with the Venezuelan PDVSA , but in 2020 Prime Minister Keith Rowley announced that Trinidad and Tobago would develop the field ...
Trinidad and Tobago, [a] officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean.Comprising the main islands of Trinidad and Tobago, along with numerous smaller islands, it is located 11 kilometres (6 nautical miles) northeast off the coast of Venezuela, 130 kilometres (70 nautical miles) south of Grenada, and west of Barbados.
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