PM: NGC records $3.285 billion profit

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Kamla Persad Bissessar

Prime Minister Kamla Persad-Bissessar today announced in Parliament that the National Gas Company recorded a profit after tax of 3.285 billion dollars.

She described the figure as the company’s highest profit in 11 years, noting it represents double the earnings of the previous year.

AUDIO: PM NGC

The Prime Minister also dismissed claims that the latest profit was due to work done under the former PNM government.

Mrs. Persad-Bissessar noted the company recorded losses in two of the last five years under the previous administration.

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