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 Trinidad and Tobago Methanol and Trinidad and Tobago Urea Plants.

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.