Trinidad and Tobago’s ANSA McAL, one of the largest private-sector conglomerates, has accused the State-owned National Gas Company (NGC) of imposing a 77% increase in the price of natural gas supplied to its subsidiary, Carib Glass. ANSA McAL was forced to sign a revised gas sales contract to prevent damage to its manufacturing operations. The company warned that the decision threatens local production, employment stability, and the affordability of goods. Furthermore, the group expressed concerns over reportedly granted concessions to other market participants. ANSA McAL stressed that while energy pricing policies must evolve, it should not come at the expense of viable local industry.
Join the Trinidad and Tobago WhatsApp update group: https://chat.whatsapp.com/DKueX7ZV35626FbOsKBt03
Umar Abdullah Questions How Special Operations Bill Could Affect Movement, Worship And Constitutional Freedoms
Venezuela Declares Persad-Bissessar Persona Grata As Both Countries Move Beyond Months Of Diplomatic Tensions
Mr. Killa hired seven community youths and urges businesses to offer jobs and training.
Solis Credit Challenges Trinidad To See Who Can Eat Most Doubles In Three Minutes
Persad-Bissessar Meets Venezuela’s Delcy Rodríguez As Trinidad And Tobago Moves To Strengthen Bilateral Relations
The Man Behind The Look: Ecliff Elie Dresses Yung Bredda For Caribbean Music Awards