| News | |
| Press Release- NGC welcomes its new Chairman | |
|
NGC
has a new Chairman of the Board of Directors.
Mr. Malcolm A. Jones, former General Manager and
Managing Director of The National Gas Company of
Trinidad and Tobago Limited (NGC) from
1984-1996, has been appointed to the position.
Mr. Jones, who brings over 40 years of gas
industry experience to the table, was appointed
on Friday 24 July 2009. Mr.
Jones played an important role in the
development of the Point Lisas Industrial
Estate. From June 1981 to December 1983,
as Head Methanol and Urea Divisions of the
National Energy Corporation of Trinidad and
Tobago Limited, he was responsible for the
construction of both the
Under his leadership, NGC experienced a
significant growth in sales of natural gas and
in profitability. Specific highlights of his
tenure include:
~ An
increase in the customer base from 27 small and
9 large customers in 1984, to 72 small and 15
large customers by 1995
·
~ An
increase in gas sales from 343 mmscf/d in 1985
to 723 mmscf/d in 1996
·
~ The
establishment of Phoenix Park Gas Processors
Limited (PPGPL)
·
~ The
creation of a product-related pricing formula
for the petrochemical sector
·
~ The
negotiation and conclusion of the 1991 Gas Sales
Agreement with AMOCO Trinidad
·
~ The
acquisition of a 20% shareholding in Trintomar –
the first local marine gas-producing company |
·
The development
of NGC’s first strategic plan
·
The restructuring
of NGC to meet the demands of its offshore operations From 1996-2002,
he served as the President and Chief Executive Officer of
Titan Methanol Company and from 2003 as Executive Chairman
of Petrotrin. Mr. Jones is
the longest-serving Chairman of Petrotrin. He is also a
member of the National Energy Committee, a Cabinet-appointed
group that reviews the energy sector and makes
recommendations on critical issues. In 2004, Mr.
Jones’ accomplishments and contributions to the energy
sector were formally recognised when he was awarded the
Chaconia Medal (Gold) for long and meritorious service in
the sphere of National Economic Development. He was
also awarded a Career of Excellence in Engineering by the
Executive Council of the Association of Professional
Engineers of Trinidad and Tobago (APETT) in that same year.
In 2007, he was the recipient of an Honorary Doctorate in
Engineering and Entrepreneurship from the University of
Trinidad and Tobago Limited. Throughout his
career, he has served on several boards in the energy sector
including the Boards of TRINTOC, National Energy
Corporation, Phoenix Park Gas Processors Limited,
Fertilizers of Trinidad and Tobago Limited and Trinidad
Nitrogen Company of Limited, as well as on the Board of
National Maintenance, Training and Security Company. |
