Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Brian Babin even
Brian Biden appears to be ‘our man’ in Congress. A reminder of his letter below
https://mobile.twitter.com/repbrianbabin/status/1220737293050372096?lang=en-GB
https://agenda.ge/en/news/2022/3549
Prospects of deepening the “strategic partnership” and cooperation between Georgia and the United States were discussed on Thursday in a meeting between Georgian ambassador David Zalkaliani and US congressman Brian Babin.
Brian Babin wrote to Georgian PM in Jan 2020 concerning Frontera and copied in Mike Pompeo, Jim Risch and many others.
I emailed info@frontera-resources.com and got the response from the individual @frontera-resources.com
I’d begun to ramp up the emails think it’s the only way to get me to stop.
Thank you for your communications, as I am indeed in receipt of your emails.
We are currently in the process of continuing to advance constructive change at Frontera and will be communicating with you about the company's progress in the near future.
In the meantime, please do not hesitate to write me at the above address in the future, and we will do our best to answer when are able to do so in the context of ongoing legal proceedings. In the meantime, thank you for your patience.
5 year extension available from 2022 to 2027 if fields are commercially viable.
EU parliament backs labelling gas and nuclear investments as green.
BRUSSELS, July 6 (Reuters) - The European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep rifts between countries over how to fight climate change.
The vote paves the way for the European Union proposal to pass into law, unless 20 of the bloc's 27 member states decide to oppose the move, which is seen as very unlikely.
https://www.reuters.com/business/sustainable-business/eu-parliament-vote-green-gas-nuclear-rules-2022-07-06/
The European Union has unveiled a €210 billion ($221 billion) plan to wean itself off Russian oil and gas.
Presenting its "REPowerEU" plan on Wednesday, the European Commission said it would attempt to slash consumption of Russian gas across the bloc by 66% by the end of this year — and break its dependence completely before 2027 — by saving energy, finding alternate sources and speeding up the transition to renewables.
https://edition.cnn.com/2022/05/18/energy/europe-repower-plan-russian-energy/index.html
https://energy.ec.europa.eu/system/files/2022-05/COM_2022_230_1_EN_ACT_part1_v5.pdf
Asked about comms yesterday and got the below back.
Thanks again for your e-mail.
We intend to provide a full market update on all Company operations before the end of the month. As such, we cannot exclusively disclose this information to you now via e-mail.
Furthermore, we have recognised that the market does not credit the Company for frequent updates and therefore we will be issuing regularly spaced updates of more substantive nature, rather than sporadic announcements, as advised by the Company’s brokers and advisors.
Thank you for your understanding.
Can’t see him leaving it as it is. Good read the below article explains his thinking from Prisoners of Geography by Tim Marshall
https://amp.theatlantic.com/amp/article/413248/
Let’s hope there is enough going on at FRC to warrant going full time.
LinkedIn profile says still at Taylor English.
I emailed Bryce and.got an auto response he no longer works for Taylor English. Is this old news?
https://www.bbc.co.uk/news/world-europe-59048894
His country is immersed in a gas crisis. But Nicu Popescu is trying to remain positive.
"On Monday our country made history," Moldova's foreign minister tells me. "For the first time Moldova bought gas from a source that was not Russia's Gazprom."
The gas shipment from Poland's PGNiG was one million cubic metres.
Moldova will need much larger volumes if Gazprom does what it has threatened to do: turn off the gas taps.
Up till now 100% of Moldova's gas has come from Russia. But the contract to supply it expired at the end of September. Gazprom raised the price and Moldova balked at paying it. In the absence of a new deal, the Russian energy giant reduced supplies, prompting Moldova to declare a 30-day state of emergency. Gazprom accused Moldova of "provoking a crisis" and demanded repayment of a $709m (£514m) debt, which Moldova disputes.
Negotiations continue. Moldovan officials say they would like to sign a new contract with Gazprom, but only if the terms are favourable.
If there is no deal with Russia, could Moldova, one of Europe's poorest countries, buy enough gas elsewhere?
Let’s hope this provides some momentum
Irakli Kobakhidze on termination of contract by ENKA: This is a bad signal for further investments, but the Georgian government will do its best to continue investments, specifically in the field of energy
https://www.interpressnews.ge/en/article/115764-irakli-kobakhidze-on-termination-of-contract-by-enka-this-is-a-bad-signal-for-further-investments-but-the-georgian-government-will-do-its-best-to-continue-investments-specifically-in-the-field-of-energy
US Department of State: Business and investment conditions are sound. However, there is an increasing lack of confidence in the judicial sector’s ability to adjudicate commercial cases independently or in a timelyhttps://www.interpressnews.ge/en/article/114784-us-department-of-state-business-and-investment-conditions-are-sound-however-there-is-an-increasing-lack-of-confidence-in-the-judicial-sectors-ability-to-adjudicate-commercial-cases-independently-or-in-a-timely
Interesting the huge investment in infrastructure in the region around Block 12.
New 85 km highway of Kakheti
The Roads Department of Georgia has already announced tenders for the construction of a new 85-km highway of Kakheti, which will include a 35.2 km long four-lane concrete road.
Georgian Prime Minister Irakli Garibashvili announced that in total 2 billion GEL (about $0.63 bln/€0.54 bln) will be spent on the construction of the new roads in Kakheti and developing new infrastructure in the region.
https://agenda.ge/en/news/2021/1896
Agenda.ge, 17 Jun 2021 - 13:07, Tbilisi,GeorgiaThe United States Agency for International Development (USAID) is launching a new five-year programme in Georgia that aims to build a resilient and diversified energy market in the country, announces USAID.The five-year activity will support policy reforms and private sector investments to help Georgia upgrade its energy infrastructure and build new power generation capacity. This advances USAID’s strategic objectives of helping Georgia ensure a stable supply of affordable energy for households and businesses and build resilience against malign influence, including overdependence on imported energy and vulnerability to cyberattacks", said USAID.Over the next five years, USAID will deepen its partnership with the government of Georgia and build new partnerships with private sector stakeholders in Georgia’s energy sector. By promoting greater transparency, competition, and integration with the European Energy Community, the program will make Georgia’s energy sector more attractive to private sector investors, ultimately making it more sustainable and independent", said the USAID.The programme will be implemented by Deloitte Consulting.
Ruling party signs EU proposal amid political tension: ‘it’s opposition’s turn’
Think we’ll see the opposition take up their mandates soon enough. Zaza also mentioned 2-3 months for this green project, we are about to enter that period so should see where we stand.