Senior Reporter
andrea.perez-sobers@guardian.co.tt
Proman is cutting headcount as the prolonged squeeze in Trinidad’s natural gas supply hits its operations, with the petrochemical producer warning staff that it does not have enough gas to run all its plants consistently at full capacity.
Sources say the number of workers has not been finalised as the process has just started.
Proman chief executive officer David Cassidy disclosed the workforce reduction in a message to staff yesterday, saying the company was reviewing its organisational structure and costs globally to match current operating conditions.
The development adds another major pressure point to the Point Lisas Industrial Estate, where methanol and ammonia producers have faced constrained gas supplies and uncertain pricing.
In January 2026, NGC announced increases in the price of natural gas supplied to the petrochemical sector and its light industrial customers.
Cassidy wrote that Proman was “reducing its headcount to establish a manpower staffing model that aligns with our business needs today” while expanding its shared services model where appropriate.
He also told staff that the company had already implemented workplace efficiency measures and targeted global cost-saving measures.
“In Trinidad, the gas supply environment remains constrained and uncertain,” Cassidy wrote. “This means we do not always have sufficient volumes to run all plants consistently at full capacity.”
He said while the medium-term outlook for increased gas volumes was encouraging, Proman had to align its cost base and operating model with current production levels.
Proman T&T, in a news release yesterday, confirmed it was reviewing its organisational structure as part of an ongoing global effort to align its cost base, staffing model and operating model with current operating realities.
“As consultations are ongoing, it would be inappropriate to comment further at this stage,” the company said.
Proman also reaffirmed its commitment to T&T and said employees affected by the process would be treated with “fairness, respect and dignity”.
Energy consultant Gregory McGuire linked the move to the wider deterioration of the Point Lisas industrial estate.
He told Guardian Media the situation represented a “slow collapse of Point Lisas Estate” driven by gas availability and price.
“This is a significant thing; this is the other big producer of methanol on the estate that is now going to cut supplies, and obviously that’s still with the gas price,” McGuire said.
He questioned the absence of public information from the National Gas Company (NGC) and the Ministry of Energy on the current gas position.
McGuire cautioned that the information available did not establish whether Proman’s problem involved contracted volumes that were not being supplied, the absence of a contract or ongoing negotiations.
However, he said the workforce reduction suggested Proman had taken a longer-term view.
“They clearly have looked ahead and have concluded that the situation doesn’t seem likely to change, and therefore they must make moves now to protect their investments,” he said.
Former energy minister and energy consultant Carolyn Seepersad-Bachan said the arrival of new gas would have to be assessed against timing, volumes and price.
“You know, while the medium-term outlook is encouraging, especially as we speak to the additional gas expected from Manatee, Manakin-Cocuina and other upstream developments, including the longer-term, Calypso and the ultra-deep sea, deepwater acreage,” she explained.
Seepersad-Bachan said the critical question was whether the new gas would arrive soon enough, in sufficient volumes and at prices that could sustain existing petrochemical operations while supporting new industrial projects.
She also pointed to NGC’s previous redistribution of gas following Nutrien’s shutdown, saying Proman had been receiving above its contractual quantities.
“Now Proman is saying it cannot consistently operate all of its plants at full capacity,” she said.
She said the positions were not necessarily incompatible but reinforced the need for clarity on the country’s actual gas supply position.
