Trinidad and Tobago NGL Limited holds 39% interest in PPGPL in conjunction with NGC NGL Company Limited (NGC NGL) (51%), and an investment consortium, Pan West Engineers and Constructors, LLC (10%).
NGC NGL is effectively owned by NGC (80%) and by National Enterprises Limited (NEL) (20%). NEL is a holding company listed on the Trinidad and Tobago Stock Exchange (TTSE) and is 66% effectively owned by the Government of The Republic of Trinidad and Tobago and 17% effectively owned by NGC.
Upon completion of the IPO, public investors hold a 49% effective ownership interest in TTNGL. As at March 2017, NGC owns the remaining shares for a total effective interest of 51% in TTNGL, which may be made available for sale for an additional public offering in the future.