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The Russians are coming...

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The_Honourable
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The Russians are coming...

Postby The_Honourable » June 20th, 2019, 4:40 pm

Russian gas giant could use T&T's LNG trains - Bloomberg report

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An article carried by Manhattan-based financial news service, Bloomberg, is suggesting that Russian state-controlled gas giant Rosneft PJSC could seek to develop close ties with Trinidad and Tobago, to produce gas from two gas fields given to it by Venezuela.

The article suggests that Trinidad and Tobago's LNG trains in Point Fortin could be used to develop the gas for export.

An accord signed by both Russia and Venezuela earlier this month will give Rosneft tax breaks to produce and export gas from the Patao and Mejillones fields off Venezuela’s east coast.

Bloomberg reports that the fields are estimated to hold 6.4 trillion cubic feet of natural gas and that the fields are less than 100 kilometers (62 miles) from Trinidad and Tobago, where declining domestic output has left export facilities with spare capacity that could be filled by output from Venezuela.

It says that Rosneft would have two options to export the gas, one being to build a liquefied natural gas plant in Venezuela, and the other, to pipe the gas to Trinidad where there are LNG trains with spare capacity.

The article states: "Venezuela doesn’t have LNG facilities, Antero Alvarado at the consulting firm Gas Energy Latin America said, and Russia doesn’t have strong commercial ties to nearby Trinidad, the obvious place to initially sell it. The deal suggests Russia may push to have a bigger presence in Trinidad in the future."

The possibility of Russia developing closer ties is already causing concern among some in Caracas, according to the Bloomberg report.

The report notes: “Deepened Russian involvement with regional energy producer Trinidad is a cause for concern, Caracas Capital Markets, a brokerage, said in a note to clients. The Russians already dominate gas production in Asia and Europe and are developing massive further capacity in Siberia and the Arctic.”

Rosneft has been picking up Venezuela's oil company PDVSA's assets since 2011 when it bought the company’s stake the Ruhr Oel GmbH refining company in Germany.

It went on to take stakes in three heavy oil project in the Orinoco basin, as well as two joint ventures in the Lake Maracaibo region.

Since 2014, Rosneft has loaned about $6.5 billion to Venezuela in exchange for oil, according to data compiled by Bloomberg. Petroleos de Venezuela SA, or PDVSA, has been repaying the loans by delivering barrels to Rosneft, and had an outstanding debt of about $1.8 billion in the first quarter, according to a company presentation.

As a result of the changes signed by Russian President Vladimir Putin, Rosneft and its suppliers will be exempt from value-added and import taxes to develop the two gas fields, which are near to where Exxon Mobil Corp. is rushing to extract oil in neighboring Guyana.

The agreement was filed online by the Russian legal information website, which publishes orders by the president and applied international treaties.

Rosneft is also considering entering another natural gas block, known as Deltana 5, that’s much closer to a border that’s been hotly contested, according to two people familiar with the plan.

Maduro has vowed to block Exxon from exploring in the contested area.

Source: http://www.cnc3.co.tt/press-release/rus ... erg-report

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zoom rader
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Re: The Russians are coming...

Postby zoom rader » June 20th, 2019, 4:42 pm

Trump won't allow this

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hydroep
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Re: The Russians are coming...

Postby hydroep » June 20th, 2019, 4:49 pm

Russian harder to learn than spanish eh, jus' sayin'...:|

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The_Honourable
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Re: The Russians are coming...

Postby The_Honourable » June 20th, 2019, 4:53 pm

So Rosneft (Russia) in Venezuela...

Exxon (America) in Guyana...

Our LNG trains need gas...

Both Guyana and Venezuela have political instability...

T&T Elections in 2020...

What a time to be alive.

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VII
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Re: The Russians are coming...

Postby VII » June 20th, 2019, 5:01 pm

Hahahaha this is lining up for a god is ah Trini revelation..

Good energy $$$$'s Trumps even Trump,this is good news for T&T...

change allyuh 'children in a container on de port' ways nah..Exxon is heavily involved with Russia,Exxon is in the region,this is T&T aligning to be even more relevant and profitable than Guyana,the US would get their coward-tax..

Our petro-business experience,prowess and infrastructure cannot be ignored and we are no threat to anyone...good sense will prevail..

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The_Honourable
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Re: The Russians are coming...

Postby The_Honourable » June 20th, 2019, 5:09 pm

VII wrote:Hahahaha this is lining up for a god is ah Trini revelation..

Good energy $$$$'s Trumps even Trump,this is good news for T&T...

change allyuh 'children in a container on de port' ways nah..Exxon is heavily involved with Russia,Exxon is in the region,this is T&T aligning to be even more relevant and profitable than Guyana,the US would get their coward-tax..

Our petro-business experience,prowess and infrastructure cannot be ignored and we are no threat to anyone...good sense will prevail..


Vene-Guyana pipeline to Trinidad if this plays off?

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zoom rader
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Re: The Russians are coming...

Postby zoom rader » June 20th, 2019, 5:53 pm

PNM go say that's an achievement

dux
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Re: The Russians are coming...

Postby dux » June 20th, 2019, 6:02 pm

PREDICTION - ------- 99% of Trinidad ain't seeing one black cent if it happens.
98% of trinidadians will allow privatization.
1% of population will benefit (with the 98% blessings)
1% of population will try to educate other 98% unsuccessfully(with the 98% full scorn)
END RESULTS--------The SMART get richer & The SHEEPLE enslave their children.

BUT LETS BE HAPPY .

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Re: The Russians are coming...

Postby Numb3r4 » June 20th, 2019, 7:09 pm

dux wrote:PREDICTION - ------- 99% of Trinidad ain't seeing one black cent if it happens.
98% of trinidadians will allow privatization.
1% of population will benefit (with the 98% blessings)
1% of population will try to educate other 98% unsuccessfully(with the 98% full scorn)
END RESULTS--------The SMART get richer & The SHEEPLE enslave their children.

BUT LETS BE HAPPY .


At some level that's not a prediction but history repeating itself.

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hydroep
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Re: The Russians are coming...

Postby hydroep » June 20th, 2019, 7:21 pm

"...Trinidad and Tobago amassed great wealth in the 1970s thanks to oil -- but 2 out of every 3 dollars earmarked for development ended up wasted or stolen..."

Guess who was in charge?

Guess who's in charge now?

We like it so...:|

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zoom rader
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Re: The Russians are coming...

Postby zoom rader » June 20th, 2019, 7:28 pm

hydroep wrote:"...Trinidad and Tobago amassed great wealth in the 1970s thanks to oil -- but 2 out of every 3 dollars earmarked for development ended up wasted or stolen..."

Guess who was in charge?

Guess who's in charge now?

We like it so...:|
Kamala theef the money in 1970s

Ask Randol

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aaron17
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Re: The Russians are coming...

Postby aaron17 » June 20th, 2019, 7:57 pm

zoom rader wrote:
hydroep wrote:"...Trinidad and Tobago amassed great wealth in the 1970s thanks to oil -- but 2 out of every 3 dollars earmarked for development ended up wasted or stolen..."

Guess who was in charge?

Guess who's in charge now?

We like it so...:|
Kamala theef the money in 1970s

Ask Randol
What about dino times?

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Joshie23
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Re: The Russians are coming...

Postby Joshie23 » June 20th, 2019, 7:59 pm

aaron17 wrote:
zoom rader wrote:
hydroep wrote:"...Trinidad and Tobago amassed great wealth in the 1970s thanks to oil -- but 2 out of every 3 dollars earmarked for development ended up wasted or stolen..."

Guess who was in charge?

Guess who's in charge now?

We like it so...:|
Kamala theef the money in 1970s

Ask Randol
What about dino times?


Huh?

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De Dragon
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Re: The Russians are coming...

Postby De Dragon » June 20th, 2019, 10:36 pm

zoom rader wrote:
hydroep wrote:"...Trinidad and Tobago amassed great wealth in the 1970s thanks to oil -- but 2 out of every 3 dollars earmarked for development ended up wasted or stolen..."

Guess who was in charge?

Guess who's in charge now?

We like it so...:|
Kamala theef the money in 1970s

Ask Randol

Since the 1850's when the first successful well was discovered, Kamla has been t'iefin the money............... :roll:

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ek4ever
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Re: The Russians are coming...

Postby ek4ever » June 20th, 2019, 11:17 pm

Bring on the Russians, can't be any worse than how the jackarses in govt fcukin up the country now

matr1x
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Re: The Russians are coming...

Postby matr1x » June 21st, 2019, 12:44 am

Russian is ketchtail to learn. And I learned it. Its not Latin based so we will have a bit of unlearning to do.

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Blaze d Chalice
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Re: The Russians are coming...

Postby Blaze d Chalice » June 21st, 2019, 10:59 am

We already have russians in a certain part of trinidad and they not really into 'communism'

All I can say is : :wink:

Redman
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Re: The Russians are coming...

Postby Redman » June 21st, 2019, 1:20 pm

VII wrote:Hahahaha this is lining up for a god is ah Trini revelation..

Good energy $$$$'s Trumps even Trump,this is good news for T&T...

change allyuh 'children in a container on de port' ways nah..Exxon is heavily involved with Russia,Exxon is in the region,this is T&T aligning to be even more relevant and profitable than Guyana,the US would get their coward-tax..

Our petro-business experience,prowess and infrastructure cannot be ignored and we are no threat to anyone...good sense will prevail..


NGC has staff perfectly set up for this.

This is good news.

neilsingh100
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Re: The Russians are coming...

Postby neilsingh100 » June 21st, 2019, 1:24 pm

Trinidad and Tobago's LNG producer Atlantic expects to resume operations "shortly" after the four-train 14.8mn t/yr liquefaction facility was shut down on 16 June by a power cut.

Source: https://www.argusmedia.com/en/news/1924 ... operations

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Curtms
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Re: The Russians are coming...

Postby Curtms » June 21st, 2019, 10:45 pm

Guyana hydrocarbons have only been oil(for now)! Cant help trinidad.
There are Russians in Guyana a while now in the diamond business.

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De Dragon
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Re: The Russians are coming...

Postby De Dragon » June 21st, 2019, 11:02 pm

Putin FTW!

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VII
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Re: The Russians are coming...

Postby VII » June 21st, 2019, 11:09 pm

The_Honourable wrote:
VII wrote:Hahahaha this is lining up for a god is ah Trini revelation..

Good energy $$$$'s Trumps even Trump,this is good news for T&T...

change allyuh 'children in a container on de port' ways nah..Exxon is heavily involved with Russia,Exxon is in the region,this is T&T aligning to be even more relevant and profitable than Guyana,the US would get their coward-tax..

Our petro-business experience,prowess and infrastructure cannot be ignored and we are no threat to anyone...good sense will prevail..


Vene-Guyana pipeline to Trinidad if this plays off?


It could even be Vene-Vene-Guyana !! Lol..

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aidan
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Re: The Russians are coming...

Postby aidan » June 22nd, 2019, 12:34 pm

Curtms wrote:Guyana hydrocarbons have only been oil(for now)! Cant help trinidad.
There are Russians in Guyana a while now in the diamond business.
And don't forget lithium

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Dizzy28
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Re: The Russians are coming...

Postby Dizzy28 » June 22nd, 2019, 1:06 pm

Curtms wrote:Guyana hydrocarbons have only been oil(for now)! Cant help trinidad.
There are Russians in Guyana a while now in the diamond business.
Bauxite probably the biggest Russian investments in Guyana

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