RE: Mcap25 Jun 2019 22:39
Agree with JP.
Also with the following in mind:
"Trump says U.S. not dependent on Hormuz. In a tweet on Monday, President Trump said that the U.S. was no longer dependent on oil coming through the Strait of Hormuz, and he suggested that other countries should pay for security in the region. “China gets 91% of its Oil from the Straight, Japan 62%, & many other countries likewise,” Trump wrote. “So why are we protecting the shipping lanes for other countries (many years) for zero compensation. All of these countries should be protecting their own ships on what has always been....a dangerous journey. We don't even need to be there in that the US has just become (by far) the largest producer of Energy anywhere in the world!” The U.S. has made navigation through the Strait a national security concern since the 1970s. "
Could the above be another opportunity not factored into the true potential of Amerisur. In the sense that:
1.increased tension around the the straight would cause oil prices to rise.
2. We are partnered with ONGC a national indian company who will demanding more oil as the country grows.
3.we are partnered with Oxy -Americans who have imposed sanctions on the competition Venezuela.
4. I'm not entirely sure but would it be safe to assume that tankers from columbia to india would not need to pass through the straight.
5. Columbia are encouraging oil E & P for export and domestic needs.
Things should be looking good for us no?