PPGPL Gas Supplies Expected to Improve Significantly Next Year

Phoenix Park Gas Processors Ltd (PPGPL) is expected to receive significant improvements in natural gas supplies from next year onwards, according to Trinidad and Tobago NGL Ltd chairman Gerald Ramdeen. This improvement comes as a result of successful negotiations that have secured additional gas volumes from upstream producers.

The available volumes will be actively managed through supply optimisation, contractual arrangements, and demand-side coordination with natural gas customers, ensuring the continued supply of gas for processing at PPGPL.

TTNGL reported a stronger first-half performance, with after-tax profit rising 27.6% year-over-year to $62.9 million, compared to adjusted earnings per share of $49.3 million in the corresponding period of 2025.