Trinidad and Tobago Business Overview
Energy
D. Rampersad & Co. Ltd. involved in different aspects of the Energy Sector in T&T

The Real TT interviews Martyn Killingbeck, General Manager, who has been working with D. Rampersad & Company Limited for over 20 years.

 

The Real TT:  What are D. Rampersad & Co. Ltd. main activities and what is its position in the engineering market?

 

M.K.: D. Rampersad & Co. Ltd. is a specialized engineering services company, mainly providing rotating equipment support in terms of preventive maintenance, routine maintenance, breakdown maintenance for the energy sector in particular, although we are also engaged in a lot of turn key plant upgrade projects for all the major industries, especially water and waste water in Trinidad and in the surrounding Caribbean region.

The Real TT: How can engineering services add the most value to a cost-conscious oil and gas sector?

 

M.K.: I think it is an opportunity for a company such as ourselves to increase local content, especially as we perform the services that traditionally international companies have been relied upon to perform, providing that we do that competitively and with the right quality obtaining the confidence of the clients and therefore offering them a more cost-effective solution. 

 

During these difficult economic times, as the Private Sector in particular looks to downsize and streamline their operations, we are well poised to offer an alternative almost “Just in Time” approach in providing cost effective maintenance support. 

 

The Real TT: What are the prospects for the CNG market in Trinidad and Tobago and/or in the region?

 

M.K.: Medium and long term for CNG the prospects are actually very good for companies such as ourselves, the economy and the people in general of Trinidad and Tobago because the Government is clearly driving an initiative to move to alternative energy sources, of which at the moment CNG is a primary fuel source.

 

The Real TT: What do you think can be done to encourage the CNG market’s acceptance on the demand side? 

 

M.K.: At the moment, there is already an incredible drive by local Government and invested parties, towards educating consumers about the benefits and savings involved.   

 

These include several fiscal incentives and subsidies. Ultimately, the efficient use of CNG fuel will bring many benefits to local users which include an overall reduction in fuel costs, an increase in the longevity of their vehicle, higher levels of comfort, as well as it will greatly minimize the negative impact on the environment in general and the dependency upon liquid hydrocarbons.

 

The Real TT: What would D. Rampersad’s role be in developing the market regarding CNG vehicles?

 

M.K.: DRCL is in a unique position, being involved in a number of different aspects in developing the CNG business, initially we were involved in the construction and installation of CNG equipment with NGC CNG Co. Ltd, we are also actively involved in selling new vehicles, particularly CNG buses and we also have a capability to convert vehicles, commercial and private, once we obtain our license from the Government.

 

The Real TT: How can the country’s transport sector be further improved upon to avoid service disruptions?

 

M.K.: If we really desire CNG to become the preferred fuel, which is what the Government is driving by removing the fuel subsidies in the recent budget, then we need more CNG fuel availability by adding more fuel stations.  We must accelerate the process of license granting by the Government to convert existing vehicles as well as the Government should continue to offer subsidies and incentives for those individuals and organizations that want to utilize CNG technology.