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TotalEnergies Jamaica and Lasco Financial Services Limited have entered into an agreement that will see taxi operators and budget-conscious motorists earning discounts on petrol purchases at one of Jamaica’s largest gas station chains.
The partnership is one plank of French-owned TotalEnergies new goal of deeper immersion into the Jamaican market.
The company disclosed at the launch of the Lasco Financial partnership that not only is it targeting the transport sector to broaden its market base, it intends to do more deals with Jamaican investors who want to become gas station operators.
As part of the latter move, TotalEnergies Jamaica intends to transition some of its company-owned, company-operated service stations to dealer-operated entities, according to Commercial Director Sanjeev Sheosankar.
Under the discount programme with Lasco Financial, the benefit will go to holders of the Lasco Gold Visa card, who will get between $3 and $6 in discounts at most of the TotalEnergies gas stations. Motorists will pay the full cost of the gas at the pump. The discount will be reflected as a 1.5 per cent cash back on the Lasco Gold Visa card.