tag:blogger.com,1999:blog-2435367521078186829.post8597448279929840062..comments2024-01-08T21:00:24.932-08:00Comments on The Straight Goods: LNG in British Columbia, New Timelines, FIDs Coming in 2025-2027Grant Ghttp://www.blogger.com/profile/11944976348166120530noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2435367521078186829.post-70745101751953594172016-10-31T14:39:56.386-07:002016-10-31T14:39:56.386-07:00http://www.smh.com.au//breaking-news-business/wood...http://www.smh.com.au//breaking-news-business/woodsides-wheatstone-lng-costs-to-rise-8-20161031-4mjl4.html?skin=text-only<br /><br />And you think what is trying to be done in BC won't be cost overrun?And we'll be paying for it, one sees how the corporate gets breaks. Every project this government has touch has gone over budget. Absolutely shameful, Christy and Co. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-90067606790734163472016-10-29T17:48:41.561-07:002016-10-29T17:48:41.561-07:00Petronas, the National Oil Company of Malaysia is ...Petronas, the National Oil Company of Malaysia is apparently unable to finance an Oil & Gas project in its own country.<br /><br />Saudi Aramco is being roped in to finance *half* of Malaysia's RAPID project.<br /><br />If Petronas cannot finance their own O&G project in its own country, how can Petronas possibly hope to finance an LNG project in Canada?<br /><br />How could Petronas' apparent financial inability to finance their own Oil & Gas project possibly be viewed as "a coup for Petronas"?<br /><br />==================<br /><br />http://www.freemalaysiatoday.com/category/highlight/2016/10/27/saudi-aramco-to-partner-petronas-in-rm87-8-billion-johor-project/<br /><br />KUALA LUMPUR: Petronas is expected to bring in Saudi Arabian Oil Co, or Saudi Aramco, as its partner for a roughly USD21 billion (RM87.8 billion) refining and petrochemicals project in Johor.<br /><br />The Wall Street Journal, quoting two people familiar with the matter, reported that Petronas would make a final decision on the possible partnership in December.<br /><br />The WSJ said Petronas would offer the world’s largest oil firm a 50 per cent stake in the project which comprises a refinery, petrochemical plants and other related facilities.<br /><br />If Petronas proceeds with the plan, the two companies will set up a joint-venture company in the first quarter of next year to run the project, with the refinery due to start operating in early 2019, according to the report.<br /><br />The WSJ said Petronas declined to comment and Aramco wasn’t immediately available for comment.<br /><br />It said the entry of Saudi Aramco, the world’s largest crude oil exporter, into the project would be a coup for Petronas.Tom Kirkmanhttp://oilpro.com/tomkirkman?mode=publicnoreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-36814412600953156042016-10-26T08:57:11.206-07:002016-10-26T08:57:11.206-07:00Either the whole population knows she's blowin...Either the whole population knows she's blowing smoke, they are oblivious to the chicanery or they don't care.<br />What worries me is that it's the second option: they are unaware of what's going on, otherwise they would be up in arms over the cost this government is unloading on them. I'm afraid the average voter is too busy earning mortgage payments, putting food on the table and scheduling junior's soccer practise to spend much time reading blogs. The six o'clock news doesn't do it! Horgan's silence doesn't help!<br />I fear for us come May 2017. I don't believe this province can sustain another four years of Liberal largesse. John's Aghastnoreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-28698229969097339422016-10-25T18:43:05.502-07:002016-10-25T18:43:05.502-07:00Guy....That article in BIV...read the one comment ...Guy....That article in BIV...read the one comment below it.it's mine...I wrote the LNG saga four years ago, three years ago, two years ago, last year, last month and last week...That BIV expert they quote is making observations after the horse left the barn, that's easy, try forecasting 2 years ahead of the rest, that's where you separate the amateurs from the pros(from one pro)..<br /><br />Rich Coleman did go to Malaysia last week, he was told to get stuffed by Petronas..They ain't building anything..<br /><br />2 weeks ago Michael Smyth scabbed my article...This BIV article today was literally plagerized directly from my site..<br /><br />And again, no attribution given, those pretenders are mere Wente wannabes, copycats without an original thought..<br /><br />Check this long forum discussion out....308 comments, it's all about you know who..<br /><br />https://forum.hackingthemainframe.com/t/will-petronas-pull-the-plug-in-march-2016-was-grants-prediction-true/17081/287<br /><br /><br />Thanks Guy..<br /><br />Cheers<br /><br />Grant Ghttps://www.blogger.com/profile/11944976348166120530noreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-20230150188013879642016-10-25T16:37:12.424-07:002016-10-25T16:37:12.424-07:00First of I really enjoy reading your articles and ...First of I really enjoy reading your articles and thanks for the amount of time you put into these items. I cam back today because I read again today ( Business in Vancouver ) a story from Bob Mackin that sure enough as you mentioned also Rich Coleman is in Malaysia and is open to re-negotiating a better deal.... for them not us. Just how much is the Liberal government willing to giveaway to fulfill Christy's promise of trillions of dollars & a million or so jobs ? I'm sure Petronas officials knew very well that our government would come begging sooner or later.<br />Something in your article caught my attention today..... " After 5 years of BC Liberals squandering $billions on LNG promotion we came back to the raw truth, we come back to."<br />Is there a way to add up all the money the government has spent so far ? And why isn't anyone talking about this ? This has the makings of a Fast Ferry scandal where money was spent and we ended up with nothing.<br /><br />Thanks Grant,<br /><br />Guy in VictoriaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-39878537323427462062016-10-20T18:38:54.320-07:002016-10-20T18:38:54.320-07:00Thanks Bill...What about the massive increase in e...Thanks Bill...What about the massive increase in emissions?...Don't you know, Christy Clark has til 2050 to produce her mythical carbon vacuum...eer, I mean, ahem, something about a can being mercilessly kicked down a road..<br /><br />CheersGrant Ghttps://www.blogger.com/profile/11944976348166120530noreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-2720785903424128292016-10-20T17:30:44.427-07:002016-10-20T17:30:44.427-07:00Thanks Grant for the continuing updates on all the...Thanks Grant for the continuing updates on all the BC Liberal Party Sparkel Pony the Shady and Shakey LNG Promises and Petronas Pirate developments.<br /><br />You, Ross K. and Norm Farrell and other citizen bloggers have done more digging, research and analysis than the government captured and industry sponsored media. Amazing they think they can get away with their continued cheer leading in the face of all the evidence from you and expert offshore independent (non cheerleading) sources. What we now have in BC is a desperate drag out retreat by Christy and Co to keep the LNG promise on life support till after the election. It is all for show - what a shock!<br /><br />A question for you Grant... given the carbon bomb that the Petronas project would create, an increase of about 10% in BC 's current total CO2 emissions - equivalent of the CO2 produced by BC' s existing two million motor vehicles! What CO2 impact would Coleman's Hail Mary three or four more possible LNG projects and how would these extra carbon bombs be even feasible and?allowed<br /><br />In the recently announced Federal approval it was made very clear that the CO2 emissions of any additional projects would be even more problematic in meeting the 'pledged' reduction of emissions. I think the BC Libs are shadow flipping a three card Monty Ponzie scheme and simply continuing to pretend and promise knowing that 'their' media will not call them out for the obvious limitations. Christy, Coleman, Polak and company can plant trees, high five Site C and Run of River etc. but I think it would be mostly shuffling numbers to justify more CO2 industry. <br /><br />They are shills.Billnoreply@blogger.comtag:blogger.com,1999:blog-2435367521078186829.post-88102810826217979502016-10-20T13:58:29.784-07:002016-10-20T13:58:29.784-07:00Well done Grant! The pompous idiots running this ...Well done Grant! The pompous idiots running this province need to be run right out of it come May. All the bs advertising going on now on "our" the "taxpayers" money is outrageous. No sitting of the legislature, is that like proroguing just like Harper? Can't ask questions if you're not there to answer. I'd say so. <br />Wake of British Columbians. 4 more years of these jackasses, now that's absolutely frightening and sickening.Anonymousnoreply@blogger.com