I've got a very good feeling in my waters.........and it's got nothing to do with the odd cold amber or three as I'm in work nights again :( Could indeed be a Coggy FFRrrrrrriday given today's trading late afternoon? Very kind words from tsbs early today, cheers dude :) Catch everyone later. Theprodigy, cracking show being put on by your country up there in Glasgow - nice :) ATVB. VW
For the gas, there are two options to get big volumes of gas to market:
1) Somebody (GOGC, not FRR as it's too big a job) builds a gas processing plant in Georgia, with all the related facilities (but on a big scale) in order to export "in spec" gas into the trans Georgian pipeline, for sale into Europe.
2) Somebody, possibly FRR, lays pipes from all their well heads to an existing gas processing plant, in neighbouring Azerbaijan, for processing, boosting in pressure and exporting into the pipeline for Europe.
Option 2 would be the cheapest. However, I doubt FRR will want to do this, as it is not in their business model i.e. becoming a large scale operator.
Thanks for the info ref pipelines. I knew that in Kashagan in Caspian there were plans to ship oil through Baku and on to Turkey using BP pipeline but seems since I was there they use rail links which is not a satisfactory solution but then all that may have changed. Either way relying on rail link to Black Sea is I guess secure even though slow but when it comes to gas if there is pipeline capacity available it would be great. Everything there is very political but nevertheless with such massive reserves around getting it out will sooner or later become easier after a great deal of wheeling and dealing. Someone will grasp the nettle, after all it took alot of effort to get the initial Baku pipeline up and running. GLA.
a bit hot in the gym tonight. Ive heard tale of mms being tipped the win mid afternoon when an rns is lodged for next morning. Do we think thats maybe what woke this from its slumber mid afternoon? Could foggy get his FRRiday Rally?
A bit of sun and a bit of a rise does everyone good, except poor wonderer, I suppose a false rumour on August 4th could bring it down for you bud :-), .. I wonder if Zeps has been Condo hunting out there ?.. Zeps that Ukraine news could turn out to be pretty good, hell if we sell Mtsare Khevi to GOGC or even SOCAR we can get in over there and start exploring.. Wiltshireman... Oil & especially gas pipelines are starting to look like a spiders web over there at the mo..From what I remember the Georgian railway is well equipped to handle large amounts of crude for export..And anyone hitting the jackpot (BOPD) wise would probably tie in to one of the transit pipelines :-)
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