Energy Sector Thread - Operators, Engineers, Technicians Et Al

[sMASH]

Even the engineers that suggested this project need jailing.

[sam1978]

Enill says they were not reckless. Just Imagine if they were.

[sMASH]

It's on the scale of thr beethsm Waste water treatment plant... Beetham plant is too expensive for the output ur gonna get from it... Thr compressor project trying to solve the problem of low gas supply. That cat be solved that way, only more gas. U can't compress gas u don't have.

[De Dragon]

It's on the scale of thr beethsm Waste water treatment plant... Beetham plant is too expensive for the output ur gonna get from it... Thr compressor project trying to solve the problem of low gas supply. That cat be solved that way, only more gas. U can't compress gas u don't have.

sMASH yuh fleck up. The LFD RFD PNM with JUHN Scarfy, Goebbels and NGC Board have discovered a new invisible natural gas that requires compressors and can be turned into LNG as well it seems.
It also requires invisible spine clowns like Red Colostomy Bag and Tuntsy to defend and promote it.

[sMASH]

Don't blame me For alwairs unable to recover costs from blatant cash cow projects.

At leat pnm widen up and start to use ramesh.

Alwaris ain't worth the toilet paper he uses.

[lancer_man]

It's on the scale of thr beethsm Waste water treatment plant... Beetham plant is too expensive for the output ur gonna get from it... Thr compressor project trying to solve the problem of low gas supply. That cat be solved that way, only more gas. U can't compress gas u don't have.

The business case for compression would have been to reduce offshore platform manifold and tubing head pressures, which maximizes reservoir recovery and provides more gas volumes into the network than would be possible with natural flow and network pressures. What seems to be the problem with this project is that TROC achieved the same purpose, making these compressors redundant. Where it appears the ball was dropped was determining if the project was still viable before pulling the trigger on procurement and commencement of execution.

[De Dragon]

It's on the scale of thr beethsm Waste water treatment plant... Beetham plant is too expensive for the output ur gonna get from it... Thr compressor project trying to solve the problem of low gas supply. That cat be solved that way, only more gas. U can't compress gas u don't have.

The business case for compression would have been to reduce offshore platform manifold and tubing head pressures, which maximizes reservoir recovery and provides more gas volumes into the network than would be possible with natural flow and network pressures. What seems to be the problem with this project is that TROC achieved the same purpose, making these compressors redundant. Where it appears the ball was dropped was determining if the project was still viable before pulling the trigger on procurement and commencement of execution.

Cuz we know how NGC expends considerable time and effort to ensure projects like say a Train 1 for example are viable before pulling the trigger.

[sMASH]

Ngc going so good thry need to borrow???

[zoom rader]

Ngc going so good thry need to borrow???

FB_IMG_1634860035021.jpg

Best they sell it , the red government has failed another business.

It's the end of NGC

[De Dragon]

Ngc going so good thry need to borrow???
FB_IMG_1634860035021.jpg

Goebbels is a kant without equal. Imagine touting Shell/Manatee as a game changer where Shell still owns 100P PERCENT of the field, thus ensuring we're at their whim and fancy again. Then again Tuntsy and Colos go talk about transfer pricing and sheit

[sMASH]

HOW YUH COULD 4K UP NGC?!!!!
We not going to find the gas to repay that capital + interest any time soon.
Just running up debt.

Is this the reason they put Richard Young Jr in energy?
Get access to billions of USd?

[zoom rader]

Red government ppl will save they took that loan to make a profit

[De Dragon]

Red government ppl will save they took that loan to make a profit

Notice how Goebbels said nothing about this in the Budget debate?

[Redman]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

[zoom rader]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

Bull5hit

All this means that NGC is lining up to be sold off, just like Petrotrin. Flood it with debt then say it non profitable.

[sMASH]

Load it down with debt. Split it up, pipe it off

[Cantmis]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

What experience you have in lng ?

[zoom rader]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

What experience you have in lng ?

He has no industrial experience, he's just a keyboard pu55y that sits and looks for infor on the web

[zoom rader]

Load it down with debt. Split it up, pipe it off

Yes that's the recipe.

[Redman]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

What experience you have in lng ?

None in LNG

https://www.argusmedia.com/en/news/2265 ... f-trinidad

Production from Manatee "could start as early as 2025, but this depends on the speed at which the parties can install infrastructure," the energy ministry told Argus today.

Output is projected to start at 300mn cf/d, rising to 700mn cf/d, the ministry said.

"The Manatee development presents a significant medium-term opportunity for the local energy sector to bolster gas supply to both domestic and LNG export markets," Shell said.

[De Dragon]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

[zoom rader]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

Why you beating up with Redman he's knows nothing about LNG or how industrial plant and its businesses work .

[De Dragon]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

Why you beating up with Redman he's knows nothing about LNG or how industrial plant and its businesses work .

I wouldn't necessarily say that, he's more brainwashed with LFD RFD PNM propaganda and nonsense, that he regurgitates here as facts.

[Redman]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

To answer your question if you include the fees paid by BP and She'll to settle the transfer pricing...we still ahead...by far.

https://www.guardian.co.tt/news/eclac-f ... 4b89990012

The Gas plan of 2015 also included estimates of what our revenue should have been if we were to solve the TP.

Off the top of my head it increased our take from $3 usd to $7 ish per mmbtu.

With oil where it is the govt has gotten a shot in the arm.

[sMASH]

The transfer pricing issue, is monies thet should jot have left on the first place.

It will make up the money, but wouldn't sanctify the tar spend as a good business+industry decision.


The executives and managers watching tnt as some coconut and pineapple monkeys, refurbishing a plant with no way to recoup that cost ant time soon.

Remember we only have 10%shsres in that plant, but funded 100%.

[Redman]

No one is sanctifying anything, Dragon asked a question.

The MNCs looking at our leadership as idiots since forever.
It's what they do.

It's been a crappy period post 2014 for many reasons...rough waters to navigate NGC.

The TAR was a bad call...but not the only call.
Not the only game.

And I will hold my line that the overarching goal is an entire restructuring of the 4 trains.

So the music is still playing.

[De Dragon]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

To answer your question if you include the fees paid by BP and She'll to settle the transfer pricing...we still ahead...by far.

https://www.guardian.co.tt/news/eclac-f ... 4b89990012

The Gas plan of 2015 also included estimates of what our revenue should have been if we were to solve the TP.

Off the top of my head it increased our take from $3 usd to $7 ish per mmbtu.

With oil where it is the govt has gotten a shot in the arm.

Oho, so is still small ting?
Well I guess in the light of it being 15% of the 3.3 B we just borrowed, a LFD RFD PNM could view it that way

[Redman]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

To answer your question if you include the fees paid by BP and She'll to settle the transfer pricing...we still ahead...by far.

https://www.guardian.co.tt/news/eclac-f ... 4b89990012

The Gas plan of 2015 also included estimates of what our revenue should have been if we were to solve the TP.

Off the top of my head it increased our take from $3 usd to $7 ish per mmbtu.

With oil where it is the govt has gotten a shot in the arm.

Oho, so is still small ting?
Well I guess in the light of it being 15% of the 3.3 B we just borrowed, a LFD RFD PNM could view it that way

It is YOU that asked to quantify.
You don't like the answer so you get pissy.

[De Dragon]

If only the NGCs capital base wasn't raided via an unheard of dividend policy.

16B TTD plus debt, plus

And yes Dragon the renegotiating of the complex has increased the revenue we get from LNG... especially given the prices in Euro and Asia

In terms of the loan I haven't read what it's for.
But if the ROI is higher than the cost of funds..then it makes sense in that regard.

So, when we projected to clear the half Billion that NGC squander on TAR and the compressor project? Is that included in the 3.3B that was borrowed?
Is NGC's unchanged Board competent to give that advice to borrow 3.3B dollars?
A few things you'll never see from the LFD RFD PNM and their lackeys/agents, honesty, integrity and an ROI.

To answer your question if you include the fees paid by BP and She'll to settle the transfer pricing...we still ahead...by far.

https://www.guardian.co.tt/news/eclac-f ... 4b89990012

The Gas plan of 2015 also included estimates of what our revenue should have been if we were to solve the TP.

Off the top of my head it increased our take from $3 usd to $7 ish per mmbtu.

With oil where it is the govt has gotten a shot in the arm.

Oho, so is still small ting?
Well I guess in the light of it being 15% of the 3.3 B we just borrowed, a LFD RFD PNM could view it that way

It is YOU that asked to quantify.
You don't like the answer so you get pissy.

Quantified with "we still ahead"?
You as dotish as you're LFD RFD PNM blind.
Only when the answer is kanty son, and you're answers are frequently that, so dbu.

[Redman]

So again you don't like the answer so you get pissy.
It was you who asked....when we projected to clear the half Billion that NGC squander on TAR and the compressor project?

By clear you imply inflow /outflow.
But the maths is mathsing.

https://www.guardian.co.tt/news/shell-a ... c2b5f35d81

The announcement was made by Energy Minister Franklin Khan who gave details to the Parliament on Monday following more a year of negotiations. He revealed that Shell agreed to pay government $2.5 billion by the end of 2019, the money to be paid in US to the sum of US $397 million.

Like the BPTT payment last year to government of $1 billion, Shell is making its payment but not admitting to cheating the country of large sums of revenue in transfer pricing......

The Energy Minister said between 2010 and 2014 it was estimated that the country lost up to US$6 billion annually