Member Info for Frac

Fools gold and kings clothes !!! Likely most of the eco mob never had their parents tell them a bedtime story so just making up their own… shame they didn’t do math !! Mind you surprised not to see any JSO in the way of Dunlop and Hickman this afternoon !!! Perhaps they thought they might not be welcome Mmmmm!!! Ps direct action works in mysterious ways

Https://sustainability.freshfields.com/post/102i2bm/carbon-capture-and-storage-the-role-of-tax-incentives

Yes and AB will soon have 2-market 10 million p/a well before occidental …. Perhaps WB will cast an eye our way !! Remember AB worked on new world shores for many a year and had numerous contacts if he wishes to cast a net

Contd : Imagine the opportunity of filling a tanker both ways !! Shipping CO2 to SVT and taking back Hydrogen ( not a marine expert but think it likely works )

Romaron agree with your sentiment but think ABs playing along has a bigger picture to it !! The ccs / hydrogen incentives + combined hydrogen production planned at svt with the Shetland excess wind storage policy & they will need makes this ccs unique to many others and perhaps of greater importance to a suitor !! If AB wants anywhere north of 50p he needs added value that goes well beyond £2bn of tax losses !! If we can ship woodchip from South America and call it biomass with £1.6bn of subsidy to drax and counting then some bright spark in USA will ship a load of CO2 to our shores and similarly claim squillions of $$

Recon SVT asset value could be significantly increased over these awards particularly when the local council seems 200% committed to joining all the wind , ccs , hydrogen projects as a combined local energy policy !!

EnQuest is pleased to announce that it has successfully secured the offer of carbon storage licences as part of the first round of UK carbon sequestration licences issued by the North Sea Transition Authority (‘NSTA’).

The successful licence offers are within application areas known as Northern North Sea 1 and Northern North Sea 2. These are some 99 miles northeast of Shetland and include fields currently operated by EnQuest, the Magnus and Thistle fields, as well as the non-operated Tern and Eider fields. These sites are large, well characterised deep storage formations connected by significant existing infrastructure to the Sullom Voe Terminal (‘SVT’) in Shetland. EnQuest plans to have carbon dioxide (‘CO2’) shipped to SVT in liquid form and then utilise the existing jetties at the terminal before being transported via the existing East of Shetland pipeline for injection and permanent storage offshore. The flexibility afforded by a shipped solution for carbon storage is expected to enable a service to be provided to isolated emitter clusters in the UK, Europe and further afield who may not otherwise be able to access storage infrastructure.

Https://www.enquest.com/media/press-releases/article/enquest-plc-awarded-offer-of-carbon-storage-licences?utm_source=Newsletter&utm_medium=email&utm_content=Press+Release+from+EnQuest+PLC&utm_campaign=EnQuest+PLC+awarded+offer+of+carbon+storage+licences

Great RNS for our prospective bidder

This morning quoting gas fallen from 600 p to 76p so what’s the need for an epl particularly when the supermarkets are not only pushing up prices on food but greedily dispensing higher priced petrol and diesel than local independents !! Emails at the ready

Https://www.petronas.com/partner-us

Yep !!! Looks like AB lining up more in Malaysia with partners he can trust !! The turkeys at home seem to be voting for Christmas with Starmer now moving the goalposts on epl to cover BP & Shells chemical and agri profits as oil and gas declines

‘ Enhancing exposure to gas and international assets’

By investing in Malaysia away from EPL..

https://www.asa.org.uk/

R suggest you send the image and thoughts to shells PR department

https://www.enquest.com/

R it won’t take long for some Tory to start linking all this stuff to labour activists & the strikes to unions … radio silence from Sunak seems more about letting others hang them selves imho

Romaron imho think sunak is playing a game of hang man ! Interesting comments this morning from sarchi saying the current Starmer campaign will be remembered as VINDICTIVE !! A strong word for a passive man and that's Sunak too ! You can see Him coming out later in the parliament & recounting all the Labour lies in a Truth pitch ( motor trade did it 6 years ago to tremendous effect !) Jobs ! Energy security ,SNP sell out etc etc !! I recon there's lots of old rope being let out here

Tigar your car park analogy is snp / green policy in action