T&TEC weighing down NGC cnc3.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnc3.co.tt Daily Mail and Mail on Sunday newspapers.
NGC still in the game as natural gas a viable resource for next four decades
Thursday 25 February 2021
The Atlantic LNG plant, Point Fortin. NGC chairman Conrad Enill says TT has natural gas resources that will last for the next 40 years. FILE PHOTO -
In the energy industry, a promise is a comfort to a fool.
Now, more than ever, mistakes, wrong moves and bad decisions could cost a company millions of dollars. With the industry being so seriously affected by recent shocks like the economic fallout from covid19 and the impending transition to clean energy, a poor decision based on an empty promise – or worse, an empty well – could be fatal to a company.
NGC chair: Keeping train one a good decision
Atlantic LNG plant in Point Fortin. File photo -
The saying it is better to have it and not need it, than to need it and not have it” fits well with the National Gas Company s thinking when it comes to the Atlantic LNG and Train One, for which the state company has spent hundreds of millions of dollars to upgrade and keep in an “operations ready” mode.
NGC chairman Conrad Enill told Newsday on Thursday that with new projects coming online in the next two years, having the train in an prepped and ready would save them from having to rebuild another train when it is needed.
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