NGC CNG Company Limited, a subsidiary of The National Gas Company of Trinidad and Tobago Limited, NGC, on May 15, 2014, executed Memoranda of Understanding (MOU) with the Trinidad and Tobago National Petroleum Marketing Company Limited (NP) and United Independent Petroleum Marketing Company Limited (UNIPET).
Represented at the signings were: Mr. Curtis Mohammed – President (Ag.) of NGC CNG, Mr. Steve Gosine – Chairman, NP, and Mr. Ronald Milford – CEO, UNIPET.
The MOUs between NGC CNG/NP and NGC CNG/UNIPET represent significant milestones in the effort and outline the terms and conditions for the respective companies regarding the provision of CNG equipment installations, operations and dispensation.
This development allows for agreement and prioritisation of supply arrangements that will allow for the finalisation of target sites to locate upgraded CNG service, retrofitting and new CNG and mobile CNG locations for Phase 1 of the CNG initiative. Indeed, NGC CNG, NP and UNIPET understand the importance of their respective roles in the local CNG supply chain, and together with timely support from the various regulatory and state bodies successful expansion of CNG usage will become a reality.
The criteria for the selection and priority of stations:
- - the proximity to existing natural gas distribution pipelines;
- - projected vehicular throughput at the stations;
- - strategic location of the site vis-a-vis the CNG promotion target, and status of statutory approvals for new sites or refurbished sites.