The Na­tion­al Gas Com­pa­ny (NGC) has be­come the first state en­ter­prise to reg­u­lar­ize its ten­an­cy at the COVE Eco-In­dus­tri­al and Busi­ness Park (CEIBP) in Ca­noe Bay, To­ba­go.NGC re­cent­ly signed a lease with the Eco-In­dus­tri­al De­vel­op­ment Com­pa­ny of To­ba­go (E-ID­COT), man­agers of the fa­cil­i­ty, to sup­port the op­er­a­tion of its gas re­ceiv­ing fa­cil­i­ty there. In 2010 NGC con­struct­ed its first sub-sea nat­ur­al gas pipeline from the BHP Bil­li­ton Gas Ex­port Plat­form in the An­gos­tu­ra field in north-east Trinidad to its gas re­ceiv­ing fa­cil­i­ty at the CEIBP in south-east­ern To­ba­go.

At present, the fa­cil­i­ty sup­plies gas to T&TEC's pow­er gen­er­at­ing plants which are al­so lo­cat­ed at the park. The es­tab­lish­ment fa­cil­i­ty has en­abled T&TEC to im­prove the ca­pac­i­ty and re­li­a­bil­i­ty of its sup­ply of clean­er en­er­gy through­out To­ba­go. With this ser­vice, NGC has the ca­pac­i­ty to sup­ply oth­er ten­ants and cus­tomers of the park and ex­tend its nat­ur­al gas dis­tri­b­u­tion net­work in To­ba­go.The agree­ment was signed af­ter in­tense ne­go­ti­a­tions be­tween NGC and E-ID­COT.

In recog­nis­ing the sig­nif­i­cance of the achieve­ment, E-ID­COT's CEO, Bernard Mitchell, said: "This de­vel­op­ment al­lows us to move for­ward con­fi­dent­ly, know­ing that we are op­er­at­ing on a sol­id foun­da­tion". E-ID­COT hopes to con­clude ne­go­ti­a­tions with oth­er res­i­dents of CEIBP, in­clud­ing T&TEC, to reg­u­larise their ten­an­cy in the com­ing months.