Skip to playerSkip to main content
CCNTV6
  • 9 months ago
Vice Chairman of the Energy Chamber Shaun Rampersad says there is a bright future ahead for the local energy sector.

According to him, there is growing interest in the local industry.

More from Nicole M Romany.
Transcript
00:00And I feel like, you know, for a long time in Trinidad and Tobago, there's been a lot
00:04of pessimism around the energy sector.
00:06We've heard about the decline of the energy sector.
00:09And I feel like yesterday, the Energy Chamber put on a really good show to explain to everybody
00:14in Trinidad and Tobago, especially if you're a small and medium-sized service company in
00:19Trinidad and Tobago, that there's a lot of hope, that there's a lot of production that's
00:23going to come up, a lot more emphasis on ensuring that companies understand what's going to
00:28come a few years from now.
00:29And it's a very bright picture, Marlon.
00:31Rampersad, who is also the chief executive officer at Ramps Logistics, tells TV6 the
00:38prime minister noted that the country's hydrocarbons are a diminishing asset.
00:43Rampersad suggests that Trinidad and Tobago seeks to access and extract those hydrocarbons
00:50and generate revenue from it.
00:53He acknowledges that the world is rapidly moving toward clean energy and go-green solutions.
00:59But, he says, we need to move expeditiously and ensure that citizens and local businesses reap the benefits.
01:07The world is moving towards decarbonization, which is why it's important for us as a country
01:12to produce as much as we can today, sell that resource, get the capital to then inject into
01:18our country, and as Serena talked, diversification.
01:21Yesterday, the prime minister talked about the launch of the new solar project, 92 megawatts
01:27of clean energy that's going to be produced here in Trinidad and Tobago, one of the biggest
01:32clean energy projects in the entire region.
01:36It's going to be a massive project that all of Trinidad and Tobago can be proud of.
01:41He says this demonstrates how capital from the traditional energy sector is already being
01:46utilized for new renewable sources of energy.
01:51Also speaking with TV6 was Vice President of Eldorado Offshore Limited, Serona Samaru.
01:57She says this country remains a prominent energy province.
02:01However, Ms. Samaru explains that while we have a very skilled labor force, safety training
02:07to ensure employees are abreast of different technologies, risks, and asset integrity is needed.
02:14She notes that at Eldorado Offshore, they supply local expertise to companies across
02:20the region and in Latin America.
02:23Samaru says there is no labor shortage locally, but there is need for focus on the refining
02:29capacity scales, drilling production, and ensuring that communities are ready for the
02:35jobs that will become available with the potential expansion.
02:39The energy executive notes there seems to be a re-ignition of the sector.
02:44The emphasis on service contractors and how we can provide that service to key industrial
02:49leaders with global technological and innovations, of course, because what the sector is now,
02:55it's not the same as it was 10 years ago.
02:58And we in the service industry take pride in continuously evolving as the sector evolves.
03:04So I think a major focus for us as well as service contractors is using automation and
03:09AI to ensure that our services are well advanced to support the growing economies of scale
03:16for the sector in Trinidad and Tobago.
03:18Tuesday marked the second day of the Energy Conference being held at the Hyatt Hotel in
03:24Port of Spain.
03:25Nicole M. Romany, TV6 News.
Be the first to comment
Add your comment