Member Info for happysparrow

A better article:
https://newsday.co.tt/2022/10/11/four-way-battle-for-pnm-leadership/

https://www.guardian.co.tt/news/boynes-to-challenge-rowley-for-leadership-of-pnm-6.2.1556052.8fe9a325f1

https://oilprice.com/Energy/Crude-Oil/OPEC-To-Cut-Oil-Production-By-2-Million-Barrels-Per-Day.html

https://www.zerohedge.com/markets/opec-taking-fed-and-goldman-buying-every-barrell-it-can-find
https://oilprice.com/Energy/Energy-General/Why-OPEC-Is-Eager-For-A-Production-Cut.html

Speech on youtube (I've not listened yet): https://www.youtube.com/watch?v=ycFWRmy2fkU

AB76 has a different view on the value of what was said: https://twitter.com/AB___76

Too, not sure PB has such a good relationship with Minister Young? Note his wry comments at the end of his recent one2one presentation that Minister Young was in London at same time but didn't bother to meet up, and along the lines that if PB was popular with the Ministry, heaven help the rest.

Nonetheless, getting Coho done will come as some relief, and will allow us to move on. Lessons learnt, with Cascadura online by xmas, though not expected, would make up for much of the past two years frustration (though not for the opportunity cost).

I guess this will be a problem for Royston. On the bright side, it may mean we will emphasise exploration at Royston, rather than production, until there is a change of government - which cannot come too soon.

I sometimes get that feeling about SPT reform too, MJ. Seven years the country has been waiting whilst the economy declines.
These delays, if deliberate, can only be being orchestrated from the top of the ruling party.
Its not just TXP, but the whole shebang.
Other T&T legislation, not just O&G, seems to be being dragged out endlessly too.
We await the elections keenly.

Onshore bid round looks as if it will be for St Mary's + Cipero + Tulsa.
Perhaps selling any output to Methanex.
https://www.guardian.co.tt/business/11-onshore-exploration-blocks-offered-for-bids-6.2.1518084.76c135e29d
https://www.guardian.co.tt/business/methanex-willing-to-pay-more--for-gas-in-tt-says-its-ceo-6.2.1510956.8a012035f4
'President and chief executive officer of Methanex Corporation, John Floren, has told an investor conference in Louisiana, USA that his company is prepared to pay higher prices for natural gas in an effort to restart its Titan methanol plant in T&T, but not so much that it makes losses when prices are low....'
Worth reading the Methanex article in full.

Excellent summary, ab76.
Sadly, the next General Election is not until August 2025.
If Rowley, Imbert and Young do not deliver fiscal reform this September the people should throw them out of office. Fiscal Reform is the first thing Kevin Ramnarine will do once elected.
https://en.wikipedia.org/wiki/Kevin_Ramnarine

King Suarez has put up some useful notes on the other side:
Some concern about the Royston sidetrack being a binary event, and further development not going ahead if unsuccessful. Too, Kraken pushed out into the long grass, and Cascadura likely online in Q1 2023. Hopefully they will have the video up sometime this weekend.

ab76 hits where it hurts, Superhuman.
Colm Imbert, finance minister, has blocked him in the past. The opposition Energy Minister Kevin C Ramnarine often replies on his twitter account. ab76 adds comments to daily newspapers, and I am sure they pick up on his twitter posts for help with their reportage. As will T&T's Energy Chamber read his information. Probably the Energy ministry and Stuart Young also, if they have the wherewithal. And too, Touchstone and Trinity Exploration (see advfn - Trin), both companies and investors.
His work is much appreciated.

Good work from ab76 again - keeping them on their toes.
17 days to go to next budget. With BP's T&T gas production declining by 50% in 3 years, will the long-promised fiscal reform be brought in to increase energy investment in T&T ?
https://twitter.com/AB___76

From Herman on the other side (thanks):
'Its a last min safety report that was requested, so not that easy. Having said that, they have had plenty of time to complete it and it can be signed off at any time.'

Perhaps this might inspire Rowley and Young to up their game.
https://oilprice.com/Energy/Energy-General/Oil-Capitulates-On-Global-Recession-Fears.html

Too, both are in London for BP discussion same days as PB (and PRD) for presentation? Anything to discuss? Probably not.

I hope these two clowns don't go to Europe (or on to the US to meet with Kamala Harris) just to bang on about Energy Transition:
https://www.youtube.com/watch?v=wDOI-uLvTnY

Presentation of 2nd Sept was a damp squib.
Budget now on 26th Sept.
Meanwhile Rowley and Young are off on another jolly.
https://trinidadexpress.com/business/local/rowley-young-to-meet-with-proman-shell-bp/article_348aa794-2ca8-11ed-aba1-3b9c7ebad8c4.html
Are theses politicians seriously going into discussions with industry on further investments in T&T without covering the subject of fiscal reform?

Herman, on the other side, looks to have had an email reply from TXP:
'The reason they have put six months is just to put in a good buffer. The objective is still to get it online by year end.'

Being a curmudgeon, if the Environmental Clearance was given on the 12th August then, given the long delays to getting the EIA, I'd have expected this notice to go out the very next day and works to have begun within no more than a week. Why they want 6 months to complete is beyond me. Not impressed.

https://oilnow.gy/featured/heavy-oil-find-at-orinduik-block-could-be-developed-with-floating-production-facility-eco/

https://www.zerohedge.com/markets/china-aggressively-reselling-russian-gas-europe