(NGC, 18.Jan.2024) — The National Gas Company of Trinidad and Tobago Limited (NGC) wishes to announce that Mark Loquan will not renew his contract with NGC; and his appointment as Director on the NGC Board and its affiliates will also cease. This becomes effective on 31 Aug. 2024, and follows eight distinguished years as President of NGC, which he joined in 2016.
Mark’s career in the petrochemical industry began more than 40 years ago at the then Trinidad Nitrogen Company Limited as a process engineer. He progressed through several leadership roles before joining Hydro Agri Trinidad (now Yara Trinidad Limited in 2002) and worked in senior executive levels in Trinidad and Tobago, Sub Saharan Africa, Australia and Europe.
As President of NGC, Mark Loquan joined at a time when the global energy industry was experiencing significant disruption and transformation; in addition, the focus on a low-carbon future was building in prominence.
Through his efforts, Mark helped to solidify NGC’s position as a leading contributor across the energy value chain, advocating for greater collaboration across the local energy sector in areas such as safety, local content, supply chain management, gas optimisation, and energy efficiency.
He has been at the forefront of NGC’s efforts to move beyond natural gas to encompass other forms of clean energy, investing and partnering to build a portfolio of energy assets and projects that support the global transition to a low-carbon future.
Chairman of NGC, Dr. Joseph Ishmael Khan said:
“Mark has played an indelible role in the sustained growth and development of NGC. As President, he has leveraged his global mindset, strategic thinking, and commitment to national development to ensure that NGC remained focused on delivering sustainable value for Trinidad and Tobago, within the context of an often-disruptive global energy industry. We have valued his leadership style, his support for people, and his commitment to Trinidad and Tobago.”
Over the next few months, as the company begins the executive search for a successor, Mark will continue to work with the Board and leadership team to execute NGC’s strategic plan. Once a successor is named, he will work with the new President to ensure a smooth transition.
“On behalf of the Board of Directors, I thank Mark for his leadership and his contribution to making NGC one of the leading companies in Trinidad and Tobago,” said Chairman Khan.