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2.08%

9.8¢ global energy ventures limited

Is this IOC going to be a bankable offtake?

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exchanger

5,541 Posts.

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20/09/18

18:14

Post #: 35734565
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Originally posted by tukebay ↑

Qatar may have massive LNG plants, but I'm sure they also have massive amounts of excess gas available for export.
If you could be bothered reading the reports rather constantly trying to bag the company, perhaps you would understand that you aren't going to be getting your stock at 8c (taken from report dated 22/08):

"GEV continues to actively pursue alternate gas supply for CNG transportation to the West Coast of India, including from Oman and Qatar."
"Global Energy Ventures Ltd (ASX: GEV), a developer of global integrated compressed natural gas (CNG) projects, is pleased to announce the appointment of Lewis Affleck as its Strategic Advisor on Middle East Gas Supply. Lewis was based in Qatar from 2010 to 2018 as Managing Director of Maersk Oil Qatar BV in Doha, Qatar. Prior to that, Lewis was with the BG Group for 14 years in various senior management positions."

Perhaps your efforts would best be utilised trolling the LNG board and suggesting how they can get an offtake after all these years. Sourcing gas is the easy part, the offtake is where it gets difficult - just ask a "Brandless" LNG...

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Is this IOC going to be a bankable offtake?

GEV Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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