RE: Morocco figures based on only 36.5BCF22 Apr 2021 11:21
Morocco and Ireland opportunity
Following on from my first post highlighting ConocoPhillips need to deliver low-greenhouse-gas affordable energy ā¦
Consider the AGGRESSIVE push toward low carbon energy transition that is happening WORLDWIDEā¦.
This from PRD rnsĀ 30 June 2020
Paul Griffiths, Chief Executive of Predator, commented:
"Guercif is pivotal to the Company in terms of developing a gas business utilising the excellent infrastructure that exists in Moroccoā¦. We have used lockdown to define additional Guercif prospectivity and to review potential LNG markets suitable for FSRU penetration ā¦
And some wider market contextā¦
KISTOS PLC Acquisition of Tulip Oil Netherlands B.V. for ā¬222.75 million ..
In line with one of the key objectives of Kistosā acquisition strategy set out in the November 2020 Admission Document, that acquisitions should play a role in energy transition ā¦.
Gas is a commodity and, accordingly, the gas market is a global one with gas being transported around the world, primarily in the form of LNG. Europe remains a net importer of natural gas with imports both in the form of LNG cargoes and non-liquified product from around the worldā¦..
And
Europe currently remains energy dependent and whilst longer-term competition to gas may come from solar, wind, biomass and other green energy sources it is, in the Directorsā view, unlikely that the market for low carbon gas is likely to be impacted materially.
DYOR
GLA