RE: Valuation21 Dec 2019 16:20
Remember when!...............10 years from Stevie boy. It'll still happen this. still holding . It'll happen all right.
5,3 trillions of cubic meters of natural gas was discovered in South Kakheti, Georgia, which is 15% of Gazpromās reserves. This was stated by the head of the American company Frontera Resources Steve Nikandros.
According to him, these volumes will be sold on the market for 10 years and will change the rules of the game in gas supplies. In the next five years, this company is going to start exporting gas. It is assumed that the gas will go to Turkey and the countries of Eastern Europe.
VDO.AI
In 2015, the company estimated reserves at 3,8 trillion cubic meters.
Frontera Resources is an American oil and gas company engaged in the exploration and production of hydrocarbons. She began her work in Georgia in April 2014.
At present, Georgia imports gas from Azerbaijan and receives 10% from the transit of Russian gas to Armenia.
As previously wrote ForumDaily, USA have included in the sanctions list in relation to Russia is one of the largest Russian oil and gas fields in the Sea of ??Okhotsk. This means that the US government prohibits the export, re-export and domestic transfer of any equipment.