Enil: Train One talks not hurting Phoenix Park ONGOING negotiations about the the operations of Atlantic''s Train One are not negatively impacting upon the economic fortunes of Phoenix Park Gas Processors Ltd (PPGPL) or the Trinidad and Tobago NGL Ltd (TTNGL). PPGPL president Dominic Rampersad and TTNGL chairman Conrad Enill gave these assurances at a virtual news conference after TTNGL''S virtual annual general meeting on Thursday. Train One has been down since last November. Negotiations are ongoing between Government and Train One''s shareholders ( Shell 46 per cent, BP 34 per cent, National Gas Company-NGC- ten per cent and the Chinese Investment Corporation ten per cent) regarding its resumption. Rampersad said, "The Train One agreement provides for us to receive a product from Train One and sell it and return the sale proceeds back to Atlantic minus a processing fee." He said, "What is essentially happening is, even though there are no volumes that are coming to PPGPL, we are still entitled to what is called the minimum payment from Atlantic."He said PPGPL should continue to receive this minimum payment of approximately US$3.5 million this year, as it did last year and in 2022 " which is when the contract comes to an end." Rampersad said,"The majority of our earnings comes from the processing of the gas that NGC brings to Pt Lisas." He added,"Notwithstanding that, the Atlantic business does bring some important volumes to us for marketing and it does provide an earnings base that we certainly need.