Welcome To The Future Of Energy

National Energy Corporation of Trinidad and Tobago Limited, previously known as “NEC”, is an entirely owned subsidiary of the National Gas Company of Trinidad and Tobago Limited (NGC). The company was incorporated in the year 1979 and mainly dealt with the development of infrastructure of the energy industry in Trinidad and Tobago. Not just that, but the corporation also provides its premier services in the particular area of natural gas-based development.

History Of National Energy

It all started in 1979 when the company got incorporated and was named the National Energy Corporation of Trinidad and Tobago Limited. The company was formed by the county’s government and has been owned by them since then. Previously, the company was referred to as NEC. They can be considered as one of the first companies to take the lead in the area of business development within the energy industry.

The first major task or project that National

Energy carried out was the implementation of the first methanol and granular urea plant in the country. Then later, in 1983, the company got its first CEO, Mr Eldon Warner. He certainly became a blessing for the company as due to his wonderful contribution and expertise, he was able to help the company succeed with various projects. Mr Eldon Warner previously worked at the Industrial Development Corporation. He capitalised on his vast experience working at the IDC and assisted National Energy in project implementation. Mr Eldon Warner remained the CEO of the company from 1983 till 1988.

By 1984, the company was able to complete both the methanol as well as the urea plant. In the same year, commercial production was started as well. Along with that, the shipment of the first methanol was also departed for Holland in that particular year.

Initially, the National Energy Corporation was only concerned with the commercial and financial operations of the urea plant. However, with the passage of time, they took complete responsibility for the methanol plant, and all aspects of the plant came under the authority of National Energy. Along with that, the company also started to recruit more staff, and the number reached over 300. The majority of the staff recruited dealt with the technical stuff.

In 1984, the company got various infrastructural projects from the government, and one of the major projects they got was the construction of 56 kilometres onshore pipeline to Phoenix Park from Guayaguayare. In August 1984, the operational pipeline was handed over to the National Gas Company of Trinidad and Tobago Limited (NGC).

Even though there were a lot of developments during 1983-84, National Energy still faced negative growth consecutively from 1983 to 1986. The major reason for this issue was the economic downturn in this particular period of time. Then in 1988, the company’s production became steady and stabilised. The company, however, decided to diversify the methanol plant to TTMC further. A similar action was taken in 1990 as well, and the urea plant also diversified.

In 1992, the company completed the construction of Savonetta Pier 2. This same year is considered to be very important for the company as the government decided to merge it with the National Gas Company of Trinidad and Tobago Limited (NGC). The main purpose of merging these two was to enhance efficiency and make the operations more cost-effective. As we mentioned before as well, National Energy became a wholly-owned subsidiary of the National Gas Company of Trinidad and Tobago Limited (NGC).

From 1992 to 1999, there were various important projects that were completed under the IPD department. These include PT. Lisas Industrial Estate, Rivulet Road, La Brea Industrial Estate Phase 1, Savonetta Pier 2, and Savonetta Pier 4.

From 1999 till 2003, the company experienced infrastructural growth and re-operationalization. In January 1999, National Energy was reoperationalized as a subsidiary of the NGC. During that period, the company took over the management of the fleet of four vessels that ultimately increased their share of the towage and harbour market. In addition to this, the acquisition and conversion of Savonetta 3 and marketing of La Brea Industrial Estate also took place, which further helped in attracting various small to medium-sized energy companies.

In 2004, the company restored their mandate of 1979. They were given responsibility for developing new energy-related projects in the country. In the same era, the company was given the task to develop the Union Industrial Estate into a modern industrial park. In 2004, the construction of the Fabrication Yard was also completed. This helped the company to promote local participation in the energy sector of the country.

Then after ten years, in 2014, phase one of the Port of Galeota was opened. In 2016, La Brea Industrial Estate main corridor was reconstructed, and due to that, the safe off-loading of the BPTT’s Juniper platform was able to take place in 2017. In that similar period, the National Energy also helped in the development of the Caribbean Gas Chemical Limited Plant.

In 2018, the company initiated the project of TT Engage for the purpose of investment facilitation. Along with that, in 2019, National Energy also signed an MOU with KTK Tugs of Curacao. The main idea behind this partnership was the formation of a cross border market development strategy.

Recent Developments

One of the primary concerns of the National

Energy Corporation of Trinidad and Tobago Limited is to promote energy efficiency. Therefore, the company supported the Energy Services Company (ESCO) model, which is also called the SUPER ESCO. This programme is still under development. The programme will basically enable large scale implementation of energy efficiency projects and will also help the entire country in its transition and adaptation towards a low carbon environment.

In addition to this, the company is also engaged in various projects associated with renewable energy. These include the Paris Agreement Goals, Preysal Service Station, Project Lara, Model Solar House, and Renewable Energy In Schools And Community Centres.

Health, Safety, Security, & Environment (HSSE)

National Energy Corporation of Trinidad and Tobago Limited is one of the few companies in the country that focuses and gives importance to the HSSE. In this regard, they have taken various important actions and initiatives.

The company’s Health and Safety Management looks after the employees and works for their betterment. Process Safety Management works for the purpose of enhancing business and process safety. Along with that, the Business Continuity Management assists in removing and eliminating the negative elements that may harm the business operations. For the betterment of the environment, the company focuses on Environment Sustainability and has implemented various effective strategies in this regard.

The way the National Energy Corporation of Trinidad and Tobago Limited is growing, we can certainly say that in the forthcoming years, it will become one of the biggest corporations in the country. Moreover, their efforts for environmental sustainability and the kind of services they are providing to the people is praiseworthy. Companies all around the globe need to take inspiration from National Energy and should imitate what they are doing so that the entire globe can be benefited.