National Energy Corporation of Trinidad and Tobago Limited (NEC) owns and operates six (6) unique multi-user petrochemical and steel terminals - the Savonetta Piers and ISCOTT Dock - located in the Point Lisas Harbour on the west coast of Trinidad.
In accordance with IMO guidelines, these petrochemical facilities are classified as hazardous cargo terminals. In 2009 over 4.5 million tonnes of petrochemical product including ammonia, methanol, urea and base oil were handled at Savonetta Piers 1 and 2. In the same year Savonetta Pier 3 saw the export of methanol and direct reduced iron (DRI) and the import of iron ore totaling 3.0 million tonnes of product. Savonetta Pier 4, NEC’s newest pier, having been completed in 1999, handled 3.0 million tonnes of aggregate, iron ore, DRI, methanol and ammonia in 2009.
A detailed preventative maintenance programme is employed to ensure that the terminals are effectively maintained and are available to users on 24 hours a day, seven days a week, year round. These terminals have been in operation for over thirty (30) years without any major incident as stringent safety procedures, in accordance with industry best practice have been developed and enforced over the years.
These marine facilities account for a significant portion of the Company’s revenue – TT$110.1 million and TT$113.3 million in 2008 and 2009 respectively.