When it comes to the energy transition, Proman has been ahead of the game.
For the past few years, Proman has been actively advocating methanol, and in the future ammonia, as a future fuel.
Ricardo Mohammed, executive director of Group Operations at Proman said the company has been in discussions with the Government about the benefits and potential for making T&T, the methanol bunkering hub of the Caribbean for vessels, including cruise lines.
“This initiative aligns with Proman’s wider work to drive the uptake of cleaner fuels and decarbonise the global shipping sector. It has the potential to attract more vessels to Trinidad and create an increased demand for maritime services (chandlery, maintenance) therefore supporting the growth of Trinidad & Tobago’s maritime industry and diversifying the overall national economy. We stand ready to support the Government in taking this initiative forward,” he said.
As a cleaner marine fuel, methanol offers significant opportunity for decarbonisation of the maritime sector and other hard-to-abate industries.
“Globally, the role of methanol as the fuel of choice for the aviation, road transportation and power generator industries is growing. While the feasibility of methanol as a cleaner fuel within these industries has been proven, Proman welcomes the opportunity to work with stakeholders to conduct local feasibility studies, with the aim of strengthening this country’s pathway to the energy transition,” he said in an interview with the Sunday Business.
He identified some of Proman’s investments along this line:
* Proman’s partnership with Stena Bulk to construct six new build methanol-fuelled vessels.
“These ships are using approximately 12,000 tonnes of methanol as fuel per year, significantly reducing the volume of greenhouse gas emissions when compared to conventional marine fuels. To-date, we have launched six low-emission, methanol-fuelled vessels but we are committed to transitioning our entire fleet of vessels to methanol,” he said.
* The AUM facility. Mohammed said Proman’s corporate ethos has always been to minimise emissions and make the most of every molecule of feedstock.
“Which is why we built the AUM downstream complex and already capture and recycle the CO2 from our ammonia production in our methanol downstream plants. Since 2006, almost 25 million tonnes of CO2 have been captured from both our own and neighbouring ammonia plants and re-used. We closely review our emissions profile and part of the role of our T&T Sustainability Committee is to constantly review opportunities across our entire portfolio here and identify ways to increase energy efficiency and further reduce emissions,” he said.
* The Zandolie platform. Mohammed described it as “one of our most significant green investments, which was the locally fabricated, 100 per cent renewably powered Zandolie platform.” The platform is located off the Gulf of Paria and is powered wholly by wind and solar.
* Mohammed said Proman’s world-scale, Abu Dhabi methanol plant will be one of the world’s most technologically advanced and low emission natural gas-to-methanol facilities and in Canada, its Varennes Carbon Recycling Plant will produce bio-methanol from non-recyclable residual material.
How exactly will T&T benefit from that?
In his view, Mohammed said T&T will benefit through Proman’s many global, pioneering projects and particularly those projects that support the energy transition. T&T benefits by developing a workforce with world-class knowledge and skills.
“Through this upskilling, our nationals directly contribute to the development of the local petrochemical sector and the local energy transition and importantly, they develop the expertise to better assist our Government in achieving its commitment to the United Nations’ 2030 Agenda for Sustainable Development,” he said.
He noted that the downstream sector is currently constrained by the low availability of feedstock.
“However, we acknowledge and applaud the extensive efforts and achievements made by the Government and the upstream sector to secure long term gas supply, such as the potential for cross-border gas fields (Dragon and Loran/Manatee) and the opportunities to monetise smaller stranded gas fields such as that successfully developed by our upstream subsidiary, DeNovo,” he said.
Local talent for a global team
From his vantage point Mohammed is able to see the impact T&T has on the Switzerland-headquartered company.
By equal measure, the impact Proman has to T&T.
“Our industry is at an inflexion point and I am fortunate to be able to be part of the exercise to future proof our business,” he said.
Before he assumed the role of executive director, Group Operations at Proman’s Switzerland headquarters, he was the Managing Director of Operations at Proman Trinidad.
Mohammed said his new role, which he assumed in 2022, allows him the opportunity to interface with every aspect of Proman’s business and people and provides the opportunity to witness first-hand the benefits of “Proman in-country.”
“T&T remains the nucleus of our production. Trinbagonians comprise the majority of our global headcount and most of our plants are located here. We believe in this country’s potential both from a natural and a human resource perspective and we are significantly invested in playing a major role in contributing to its long-term success,” he told the Sunday Business in an interview, ahead of Monday’s Energy Conference.
“I see myself as an advocate for Trinidadian talent and just as I have been afforded opportunities, it’s an important part of my job to provide opportunities for others, including international exposure. Throughout our industry, Trinidadians are a valued human resource commodity. I am filled with pride when I see us excel on the international stage. My goal is to continue to provide these opportunities, while acknowledging that with expectations there are responsibilities,” he said.
Mohammed, a graduate of Presentation College Chaguanas, obtained a BSc. in Mechanical Engineering as well as MSc. in Production Engineering and Management and an MBA, all from the University of the West Indies.
He said he took the job in Switzerland as it allowed him to contribute to the company’s strategy and “offer a unique perspective at the executive level to help shape the future of our business.”
“I also admit that I do miss being on the plants in Point Lisas at time, particularly the teamwork and interaction that is a key part of this dynamic environment,” he said.
He noted that through Proman’s 14 petrochemical plants on the Point Lisas Industrial Estate, it’s an economic powerhouse for this country and plays a major role in effectively maximising the local value chain for this country’s benefit.
“I’m proud to say we remain the largest employer on the Estate, with over 1,100 employees and most of our contracts, especially for plant turnarounds, are awarded to local contractors. But I would say that this country’s biggest benefit is through the investment we make in our people. We have a world-class team in Trinidad and we invest significantly in providing global opportunities for iour employees to showcase their talent and develop their skills.
“I have benefitted from this opportunity, as have many other members of the diaspora, who are leading or working as part of the global team and who proudly represent this country in all that they do. Trinidad and Tobago nationals are embedded within each of our global plants and projects and a number of colleagues from Trinidad are currently working on the next generation of global methanol and ammonia projects. Over 10 per cent of our operations team in Trinidad and Tobago will be supporting one of Proman’s international projects in Mexico, Abu Dhabi, Switzerland, Canada and the US,” he said.