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Habit7 wrote:What due diligence? The PP came in and proclaimed the plant as scrap and sold it for a song. Gill got his investors and their expertise and run the plant into the ground. There aren’t much ppl with experience with plants like this esp in this part of the world. Hopefully the mistakes made can be documented so that whoever follows can do better.
bluefete wrote:Habit7 wrote:What due diligence? The PP came in and proclaimed the plant as scrap and sold it for a song. Gill got his investors and their expertise and run the plant into the ground. There aren’t much ppl with experience with plants like this esp in this part of the world. Hopefully the mistakes made can be documented so that whoever follows can do better.
Timelines are important here.
The PP never sold the plant!
NiQuan Energy, LLC began its journey when Ainsley Gill, the Founder and Group Chief Visionary Officer, registered the Company in the United States in 2008. What started as an energy consulting company morphed into something that would truly make a difference in the world.
What did Gill know as far back as 2008 when PNM was in office, to set up Niquan Energy USA?
In 2012, the Company acquired its’ first gas-to-liquids (GTL) plant in the Republic of Trinidad and Tobago. Realizing that GTL, made from the cleanest of the hydrocarbons, could contribute to a cleaner energy future, Ainsley steered the Company towards exclusively becoming an owner / operator in the gas-to-liquids business.
Gill is saying in 2012 he ACQUIRED the GTL plant. Check the company's website. Wasn't that under Tantie Kams? But yet, an official sale with money did not happen until 2018.
https://www.niquanenergy.com/about-us
https://www.niquanenergy.com/content/executive-team
After benefitting from circa US$1 billion in investments, NiQuan is the proud parent of a safely operating, commercially proven, clean energy plant with a nameplate capacity of 2400 barrels per day.
Ah tired. I gone.
Habit7 wrote:sMASH wrote:Try your disinformation else where.
Unc advertised it.
Is Rowley them sold it for CHICKEN FEED.
Pnm does do business like Crak addicts. Screenshot_2024-04-17-14-11-47-749_com.google.android.googlequicksearchbox.jpg
You clearly didn't read the official statement I posted so then let me put it in front of your eyes again.By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
The sale was only finalised in 2018 because they were still negotiating the price of gas. But the price of the asset was already agreed upon before 7th Sept 2015.
Even if you read the first article in your google search it too commented on an injunction after Niquan being chosen in 2012 https://trinidadexpress.com/opinion/edi ... 3.amp.html
eliteauto wrote:When allyuh done, someone tell me how to get alil cobo sweat lobbying wuk nah. Ah lil 2 years self. Me and ZR could partner up
Ah man say, even the person picking up the fone in office aksin for ah ting.pugboy wrote:quite possibly
them monies does have to circle back under the table in govt deals
don’t quote me on it though before somebody ask me for video evidence of that
sMASH wrote:Ah man say, even the person picking up the fone in office aksin for ah ting.pugboy wrote:quite possibly
them monies does have to circle back under the table in govt deals
don’t quote me on it though before somebody ask me for video evidence of that
Budget for commercial diving gear and running scuba.
Never wondered how so many blow outs and accident dies happen on givt affiliated activities, but not on a BP bg Yara etc...
And budget on a givt site prolly dwarfing the private sector
The_Honourable wrote:So allyuh miss out the part that Niquan took Petrotrin and the Receiver to court in 2013 for the GTL plant? Then legal wranglings for two years, banked on a government change in 2015, months later got an agreement in 2016, then get thru in 2018 where a state company was created to solely service niquan the gas?
By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
Petrotrin back then was still pnm packed. Jess cause one election win doesn't mean the whole place convert.Habit7 wrote:The_Honourable wrote:So allyuh miss out the part that Niquan took Petrotrin and the Receiver to court in 2013 for the GTL plant? Then legal wranglings for two years, banked on a government change in 2015, months later got an agreement in 2016, then get thru in 2018 where a state company was created to solely service niquan the gas?
No true
Petrotrin selected Niquan in 2012 but was still talking with other ppl. Niquan took them to court so that they only talked to them. Days before PP was voted, their board finalised all the commercial terms for the asset. The only thing PNM had to do was agree with the gas price which I sure they delayed because prices were falling 2015-2017. Everything concluded in 2018.By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
Leave and go over to Gaza. You could live and fight from the river to the sea. It have no PNM there.sMASH wrote:Petrotrin back then was still pnm packed. Jess cause one election win doesn't mean the whole place convert.Habit7 wrote:The_Honourable wrote:So allyuh miss out the part that Niquan took Petrotrin and the Receiver to court in 2013 for the GTL plant? Then legal wranglings for two years, banked on a government change in 2015, months later got an agreement in 2016, then get thru in 2018 where a state company was created to solely service niquan the gas?
No true
Petrotrin selected Niquan in 2012 but was still talking with other ppl. Niquan took them to court so that they only talked to them. Days before PP was voted, their board finalised all the commercial terms for the asset. The only thing PNM had to do was agree with the gas price which I sure they delayed because prices were falling 2015-2017. Everything concluded in 2018.By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
Remember that there was petrotrin/gortt vs Malcom jones
Where faris represented petrotrin/state and Malcom Jones was represented by Stuart young.
Left to right, top to bottom back to front. Is pnm country
Even if you arrest and charge netanyahu, remove him from the system, the WHOOOOOOLE system is right wing extremistwing wrote:Leave and go over to Gaza. You could live and fight from the river to the sea. It have no PNM there.sMASH wrote:Petrotrin back then was still pnm packed. Jess cause one election win doesn't mean the whole place convert.Habit7 wrote:The_Honourable wrote:So allyuh miss out the part that Niquan took Petrotrin and the Receiver to court in 2013 for the GTL plant? Then legal wranglings for two years, banked on a government change in 2015, months later got an agreement in 2016, then get thru in 2018 where a state company was created to solely service niquan the gas?
No true
Petrotrin selected Niquan in 2012 but was still talking with other ppl. Niquan took them to court so that they only talked to them. Days before PP was voted, their board finalised all the commercial terms for the asset. The only thing PNM had to do was agree with the gas price which I sure they delayed because prices were falling 2015-2017. Everything concluded in 2018.By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
Remember that there was petrotrin/gortt vs Malcom jones
Where faris represented petrotrin/state and Malcom Jones was represented by Stuart young.
Left to right, top to bottom back to front. Is pnm country
pugboy wrote:so who are the current “lobbyists” we paying for?eliteauto wrote:When allyuh done, someone tell me how to get alil cobo sweat lobbying wuk nah. Ah lil 2 years self. Me and ZR could partner up
maj. tom wrote:Lobbying for nomination and selection of honorary degrees is a normal thing in USA.
sMASH wrote:Petrotrin back then was still pnm packed. Jess cause one election win doesn't mean the whole place convert.Habit7 wrote:The_Honourable wrote:So allyuh miss out the part that Niquan took Petrotrin and the Receiver to court in 2013 for the GTL plant? Then legal wranglings for two years, banked on a government change in 2015, months later got an agreement in 2016, then get thru in 2018 where a state company was created to solely service niquan the gas?
No true
Petrotrin selected Niquan in 2012 but was still talking with other ppl. Niquan took them to court so that they only talked to them. Days before PP was voted, their board finalised all the commercial terms for the asset. The only thing PNM had to do was agree with the gas price which I sure they delayed because prices were falling 2015-2017. Everything concluded in 2018.By letter dated April 16, 2012, to the Receiver, NiQuan Energy LLC submitted a proposal in response to the RFP, and by letter dated July 6, 2012, the Receiver notified NiQuan Energy LLC that it had been selected as a prospective investor. In October 2014, the Petrotrin Board approved the Receiver’s recommendation of NiQuan as the preferred investor.
The Receiver then entered into negotiations with NiQuan on commercial terms for the acquisition of plant. Arising from the negotiations, a price of US$35M comprising an initial payment of US$10M and preference shares to the value of US$25M payable in two (2) equal tranches was proposed. NiQuan reached final agreement on the commercial terms and all other outstanding issues on or about August 5, 2015. The proposal was accepted by the Board of Directors and the
transaction was subsequently sanctioned by the Minister of Finance, (Corporation Sole).
https://www.energy.gov.tt/wp-content/up ... roject.pdf
Remember that there was petrotrin/gortt vs Malcom jones
Where faris represented petrotrin/state and Malcom Jones was represented by Stuart young.
Left to right, top to bottom back to front. Is pnm country
sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
pugboy wrote:how much ting yuh expect us to remember?sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
Is that you kickstart?CB Style wrote:pugboy wrote:how much ting yuh expect us to remember?sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
No need to remember or keep track when we have the PNM cockroach here to supply us with handpicked newspaper clippings from the balisier archives.
wing wrote:Is that you kickstart?CB Style wrote:pugboy wrote:how much ting yuh expect us to remember?sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
No need to remember or keep track when we have the PNM cockroach here to supply us with handpicked newspaper clippings from the balisier archives.
I think that was in the privy council documents.Habit7 wrote:sMASH wrote:All of a sudden we forget about Vincent Nelson and advising alwaris to drop the suit against Malcom jones.
Then turning around to sue all alwaris.
Screenshot_2024-04-26-11-38-22-023_org.mozilla.firefox.jpg
Cool, so when was Stuart Young Malcolm Jones' lawyer?
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