Since its incorporation on 07 September 1979, National Energy Corporation of Trinidad and Tobago Limited (National Energy) has been involved in the development of Trinidad and Tobago’s energy industry. As a member of The NGC Group of Companies along with The National Gas Company of Trinidad and Tobago Limited, Phoenix Park Gas Processors Limited and NGC CNG Limited, National Energy plays a pivotal role in extracting value from the nation’s natural resources for the benefit of the people of Trinidad and Tobago.
Charged with responsibility for conceptualising, facilitating, developing and promoting energy and energy-related industries, National Energy has been integral in building the downstream energy sector from the inception. In the early 1980s, National Energy constructed, owned and operated the country’s first methanol and urea plants at the then fledgling Point Lisas Industrial Estate. Today, the Point Lisas Industrial Estate Trinidad and Tobago has established its position as the premier industrial in the Caribbean, boasting of eleven (11) ammonia plants with a capacity of 5.6 million tonnes and seven (7) methanol plants with a production capacity of 6.5 million tonnes.
Over the past forty (40) years, National Energy spearheaded several major infrastructure projects including the construction of multi-user marine terminals -Savonetta Piers 1, 2, 3 and 4 and the ISCOTT Dock for import and export of iron and steel products. In the 1990s, National Energy managed the construction of the La Brea Industrial Estate and the Port of Brighton, a natural deep-water harbour, which attracted new energy service businesses to the south-western peninsula.
The La Brea Industrial Development Company (LABIDCO), managed by National Energy, constructed the Fabrication Yard, which comprises a 17-acre common yard for short-term lease and 2 4-acre blocks for long-term lease. To date, 10 offshore structures, including bpTT’s Juniper platform, have been fabricated at the facility and successfully loaded out from Berth 2 at the Port of Brighton.
In the 2000s National Energy managed the construction of Union Industrial Estate, which is home to the Trinidad Generation Unlimited Power Plant and the Caribbean Gas Chemical Limited gas-to-petrochemicals plant, expected to commence operations in 2019.
National Energy is currently spearheading the advancement of various energy efficiency and renewable energy projects which will further diversify Trinidad and Tobago’s energy mix. These include a solar PV manufacturing park, a Super ESCO and ttEngage, a single electronic platform which will bring together all the major investment facilitation services to enhance the investor experience.