Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Looks like we have been being played for 5 years and still the game is on!
MB should have a plan/strategy. In the waiting game we at the mercy of them and we are losers.
Soon we would pass the drilling season as it happened for many years.
Deadline should be given to MG/PG. If missed then legal action.
They should know that MATD is serious this time and act accordingly.
If refinery was already up and running then the MG would overrule the PG in no time!
But doesn't seem they are interested.
Again MG missing the point that strong petromatad would benefit them hugely.
Please read your own post first. You mentioned car and renewable etc.
Renewable covers the lot. It is a big scam. Look at the activists in Mongolia or no oil guys in the uk. They are all running big cars but they are against oil! Oil is not just fuel. It has many other products.
All EV car makers stepping back. All renewable are subsidized hugely! EV cars are charged by home electricity which comes from power stations which run by mostly fossil fuels.
Renewable energy is not as clean as they claim they are. Please check how rare earth mineral mining works. Not enough minerals to make the whole lot renewable.
Can you imagine streets full of ev charger cables? Do you think stations are capable to feed all chargers each at at least 7kw?
We don't have the right technology yet. If all cars become ev. I don't see any difference between RR and ford but the appearance.
WOS, we have invested for oil production not renewable!
If MATD wants focus on renewable then they can make a new company with renewable agenda.
At the moment MB should only focus on Heron production. Renewable shouldn't be a priority.
Not now.
What if MB write a thorough letter to PM, MG and PG explaining in details advantage of having strong MATD rather than weakening it. He also set a deadline to get LP signed or international arbitration and asking for full compensation for the years MATD has lost revenues. It is just a thought.
What I really don't understand is what MG will achieve to hold MATD oil production?
I don't agree with 1 or 2 years delay oil production save more oil for the country. We have abundant of pil and we might find much more if we have money for more drilling and exploration!
While strong MATD would help Mongolia in energy self sufficiency.
Hope MB considering giving a deadline to MG and if MG misses then we take further legal action.
Yes, the fact is we are still waiting for 'the last signature ' whether we get it this year or not? Who knows!
There is no indication of time frame to get LP. That is why MB is looking into further action.
Funding through 2025( not till to 2025)+ petrovis soft loan which hasn't been touched.
No more expenses for new blocks ( MATD has been very clear to MG that they are not singing the new blocks until land use is secured) till Heron land use is fixed.
Engaging with the activists is a very encouraging point.
Market reaction sounds ok and we get to 4p and above.
Good points:
Fund through 2025.
Petrovis loan still available/untouched.
Staff wages already minimum.
NO more new blocks/land contract signing till land use problem sorted. ( That is a very good one)
Studying legal actions incase.
Heron equipment bought and ready.
Engagement with activists.
Obviously MG/reginal G are playing fools. MATD should give them a deadline which should be quite sometime before the drilling season ends. While doing that prepare itself to take them to international court and claiming all the money which has been lost during the last 5 years and more.
Isn't it stupid that MG sells explotation license and in that case no land use required and the regional/local are ok with that then the company can dig the land and don't need land use! Now the company wants to extract the land which has been digged/used already needs a land use permit. Unbelievable.
The central government is supportive but don't intervene. But surely when refinery is ready their attitude and willingness would certainly change.
WOS, MATD has oil, lots of oil but can't take it out! Apparently a couple of activists and a a local governor have managed to stop it! Do you really believe that?
We have been waiting for 5 years and still waiting!
Please dont bring renewable subject.
MB should stay in Mongolia and demand the last signature.