RE:RE:RE:RE:Webinar......March 10th......Reminder Is this guy actually serious? Out of all the concerns I may have about this share (very few) the actual sale of the gas is non-existence on that list
Trinidad's economy relies heavily on petro-chemical industry (around 50% of GDP). They are the world sixth largest exporter of Ammonia in the world and the second largest for Ammonia production from natural gas. The industry for ammonia, methanol, ethylene et al. Is only expected to grow and due to inflation prices could grow at a faster rate.
Last year during COVID-19 four of the countries petro-chemical plants were forced to close due to the fall in commodity values and high cost of gas. TXP gas contract is significantly lower than the cost of current offshore gas and you're worried about TXP selling the gas!
and if for some reason NGC (national gas company) didn't want the gas there is a LNG plant on the island with production capabilities of 5.2m tonne of LNG per year. And you're worried about selling the gas. clown
I know exactly who you are. You're somebody that sold out at the lows here and now bitter about missing out on the gains.