The gas deal with Turkey is of enormous importance. Strategically, it alters the potential geopolitics with Syria and the middle east. Putin, was smiling all through the televised deal. A kick in the face for the US and the EU. Now, Russia is in a stronger political position. Putin is doing deals everywhere, while Europe is going into recession.
Is building a gas pipeline to Turkey. Russia is binning the south stream pipeline to Europe via Bulgaria, as the EU have done their best to disrupt it's building. What's the odds Ukraine won't nick European gas. The Turkey pipeline will be near our gas fields.
I understand the sentiment, a thought to consider is, our backers have deep pockets full of dollars. This enables zol to take advantage of the devalued Rouble, in regards to assets and local costs. We are looking for more deals and there will be those looking for dollars, chin up.
The 2 new appointments today look like a good addition to the board as the company grows. I should think there will be plenty of prospects for the board to look at as the financial sanctions bite and Russian oilies get strapped for cash. Big pockets come in handy at a time like this.
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