NGC CHAIRMAN DEFENDS TRAIN 1 DECISION

As the National Gas Company stands to lose 440 million dollars over its failure to save Altantic LNG Train 1, the company's Chairman Conrad Enill is defending the decision that was made to continue investing in Train 1, painting a picture of a 'damned if you do, damned if you don't' situation.


He is also providing clarity on the matter of the indemnity which the NGC's directors are seeking should that investment be lost.


Alicia Boucher has the details from Morning Edition.