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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Comment by Pandoraon Aug 22, 2022 10:22pm
276 Views
Post# 34913133

RE:Urgent help needed !!

RE:Urgent help needed !!
Oldnagger wrote:

Apparently our prime minister needs help in understanding if some one can make a business case for exporting LNG to Europe. As he seems to be incredibly dense and a slow learner to boot, much patience will be required. Volunteers should be prepared for extreme frustration and scorn including unwarranted seizure of their bank accounts and prolonged incarceration with bail denied !!


https://www.ctvnews.ca/politics/touting-clean-energy-pm-trudeau-questions-business-case-for-exporting-liquefied-natural-gas-to-europe-1.6037556



A couple of excerpts:

"Pressed on whether Canada is in a position to export natural gas in a liquid state to Germany, Trudeau said Canada is aware of the need to counter the energy supply crisis, but it would require a significant investment to build the infrastructure required." -----  Can we assume the hydrogen infrastructure is a cakewalk?

Marla Orenstein, the director of Calgary-based think tank Canada West Foundation's natural resources centre said:

"There's been little appetite on the part of our federal government to have LNG export terminals built in Canada. At the same time, we also know that Germany is not ready to receive the LNG either, they don't have any ports that are built right now to receive it, so it's still going to be a couple years away for them as well,"

Why be out first when last is always available? Must be Canada, eh!
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