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The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has recommended strengthening the ongoing oil, gas and coal exploration efforts, aiming to ensure uninterrupted supply of energy to the industries and other sectors.
FE
The apex-trade body made the recommendation at the first meeting of its standing committee on the 'Power Energy and Utility Affairs' at its Motijheel office in the capital on Sunday.
While presiding over the meeting, FBCCI President Mahbubul Alam said that the uninterrupted supply of energy to the industries is a heartfelt and longstanding demand of the business community.
But, the supply of energy to the industrial belt was partly hampering due to some global crises. The increased production cost has also contributed to the increase in the prices of essential products, he said.
"We've been maintaining regular communication with the government on how to supply uninterrupted supply of power during the upcoming Sumner season," he maintained.
"There is no alternative to the uninterrupted supply of energy to the country's economy," he continued.
He has called upon the businessmen to come forward with recommendations for the development of the country's energy sector.
FBCCI Senior Vice-President Md Amin Helaly said that the country's energy sector has improved a lot over the last 15 years.
He stressed that government initiatives along with private sector participation and investment are vital for energy sector development.
FBCCI Director Mohammad Riyad Ali said there is no alternative to the exploration of oil, gas and coal in order to keep uninterrupted supply of energy to the industries and other sectors.
FBCCI Vice-President Md Munir Hossain and its Director Haji Hafez Haroon and former Director and Chairman of Max Group Engineer Golam Mohammad Alamgir were present, among others.
De facto coal transition
Through advanced coal-intensive technologies, the government is trying to keep coal alive and further expand the domestic use of imported LNG. The new IEPMP unreasonably assumes that domestic coal production will continue to increase by 2050. This is mainly for ammonia co-fired with coal and CCS technologies to clean coal. Overall, the freshly approved IEPMP seems to chalk out the coal transition from imported to domestic coal rather than transitioning from fossil fuel to renewable or clean energy. This indicates that the government is willing to start walking in the opposite direction of renewable energy targets.
Https://www.tbsnews.net/bangladesh/energy/load-shedding-increases-again-fall-power-generation-640974
Https://www.tbsnews.net/bangladesh/energy/govt-plans-mine-90m-tonnes-coal-dighipara-808726
We are pleased to announce a new lending partnership with Barclays and TPG Angelo Gordon that will provide £300m of funding to #SmallBusinessUK
LisaJJakes “We will utilise the new funding to support small businesses to grow, create jobs and power the UK economy.”
To start the bear case off with – the first 3 wells were dusters, shows a massive intelligence/understanding problem because that is strictly untrue. But if people want to believe that, and some will, remortgage the house and go short, all in time.
All ‘we’ investors ask is for those negative to come to the table with some evidence, facts, data and steer away from lies or ‘I think’, because all that does is showcase how desperate you have become and that will have the opposite effect.
Gemstar, please go do some research, not trawling another BB for nonsensical posts and return with some meaningful information we will al benefit from. Thank you.
Tdaves
Naturally you want to be taken seriously here, otherwise why post.
To understand why Helium One is being highly spoke of (last night) by our rival, maintain a 20p buy rating at Liberium and are the best positioned Helium exploration company in the world you need to do some research into the sector as a whole. When you’ve done that, as most of us have, then you can return, apologise and say. I now get it. A minimum flow rate of 0.5 million cubic feet per day and as yet unquantified hydrogen give Helium One a tangible asset from which they can build off, the same as having the potential to rent out the rig. What other explorer has these things. I will give you this one for free, no one.
You are not alone in being poorly researched, there are thousands of you out there.
Good luck.
Shaun should be happy his company is not listed on AIM lol
Nothing flowing to the surface, well that’s it boys there’s no gas here pack up we’re going home.
I guess we should view it all as a positive that those shouting Helium One down have done no research and appear to lack basic intelligence.
I look forward to buying more this morning
https://www.linkedin.com/posts/noble-helium_managing-director-and-ceo-shaun-scott-provides-activity-7172733124542492672-v3Ih?utm_source=share&utm_medium=member_android
No doubt for tactical reasons, a load of absolute nonsense, has been posted on this board regarding the latest RNS.
Itumbula West-1 well calculate a minimum flow rate of 0.5 million cubic feet per day ("mmscfd") containing 4.7% helium
We compare that to Noble – nothing has flowed to the surface
Gold Hydrogen – nothing has flowed to the surface
Pulsar Helium. They had helium flow to the surface as a result of the volume of air they pumped into the well, lasted 5 hours
Anyone who has researched this subject understands exploration wells are just that, for exploration means/purposes.
Why do you think Liberium is maintaining a conservative 20p price target, because Helium One is currently the number one pure helium explorer on account they currently have free flowing gas. So number 1 at this moment in time.
Naturally when we get to production wells and processing plants optimised techniques will be used. Horizontal drilling, pumps, stimulation etc.
Now armed with that information the penny drops.
Itumbula West-1 well calculate a MINIMUM flow rate of 0.5 million cubic feet per day ("mmscfd") containing 4.7% helium
Those that don’t understand how prolific regional discoveries are actually made and built on should do some research, it will help.
In 1971, natural gas was discovered in the North Field, which is spread over a 6000 square kilometre area off the northeast coast of Qatar. The importance of this monumental discovery took a long time to percolate into commercial gain. Multiple drilling appraisals over 15 years confirmed that the field was the largest non-associated natural gas field in the world, home to almost 10% of the world’s known reserves. Suddenly Qatar found itself as owner of the third largest gas reserves in the world, after Russia and Iran. The North Field Bravo off-shore complex (NFB) was commissioned in 1996 and the RasGas Alpha off-shore complex (RGA) was started in 1999. The off-shore operations now comprise of 209 wells, which supply 18.5 billion cubic feet of sour gas daily.
Now What Lorna and her team have discovered is obviously unique, free flowing pure Helium and Hydrogen, but it will take time to find out the best course of action and to find out exactly what they have, something she continually states,
At this stage, the start line, 0.5 million cubic feet per day is absolutely sensational.
According to LiveScience, the race for helium reserves has intensified amid a growing global demand outpacing known supplies. Historically, the United States has been a major exporter of helium, primarily relying on reserves in the Texas panhandle and Kansas.
However, with depleting domestic reserves, other nations like Russia, Qatar, and Tanzania have emerged as key players in the helium market. Notably, Tanzania made headlines in 2016 with the discovery of a massive helium gas field. Abraham-James and colleagues were a part of the find.
Whilst out and about this weekend I was able to consider my investment here. After a lot of analysis, I have not only decided to hold but on Monday I will add more.
The reasons for my positivity and optimisation are:
If a mid/major sized organisation discovered what we have in Tanzania, the buzz surrounding the discovery would be off the charts, and why not, there are no other free flowing helium/hydrogen discoveries in the world. There are discoveries yes, but extraction will be complicated.
The negativity seen here has nothing to do with the discovery/potential, even those of a negative persuasion will concede that.
It is to do with:
Hedge funds/Shorting crews on the attack, we can all see this being played out. New names and accounts everywhere, people so insistent on tabling negativity with nothing by way of fact. Why?
Disgruntled ex-investors, and to some extent I understand their bitterness.
You always attract a few that crave attention/have mental health issues.
Funds will be needed.
Want to get in at a lower price.
Impatient types more traders/gamblers than investors.
So, after considering a whole array of negatives I realise there is nothing to fear here, the discovery/acreage and company may turn out to be a life changing investment. You just need to be strong enough to ignore the noise and on that score I am.
For new investors I will point them in the direction of Hamman & Partners report https://www.helium-one.com/investors/analyst-research/ 8th Sept 2021. Yes there are more shares in issue now, but that is offset by the increased price of helium.
Why would a board, any board be plagued by people who didn’t buy, was going to buy, may buy, will never buy?
It’s a little like not buying a Bentley but regularly attending rallies and owner meet ups lol
Answers
Desperate shorting crews
Boiler bunnies at 10/15p a post
Whatever these fools are wasting their weekend on the net result will be the same, not one of the fools will factually validate a single word, everything as always will be based around, I think, which in itself is ironic when you are on the lower rate of 10p a post lol
They said we would find nothing - wrong
They said nothing is free flowing to the surface - wrong
They said we have stimulated the well - wrong
They say we are not valued at anything yet the professionals at Liberium disagree (conservative 20p at the moment)
The naysayers are now posting consistantly, even going without sleep why?
Finally as of yet not a single doom and gloom merchant has provided anything to independently validate their arguments whist all shareholders do is share facts. On this subject they are fighting a losing battle
Have a nice weekend
It would be fun if one of the zombies had the nerve to answer this honestly, they don’t obviously.
In generic terms why is this board full of negative bias people and 90% of them only recently opened an account but communicate in a way that indicates they are not new to this game.
You're full of yourself today Slack-ass. Wasn't that long ago when the discovery was made you were blubbering like a baby for days if not weeks, the same as you are on the OBD board (£40k down what a fool) lol. You're some piece of work boy.