Cuba, with the thirst for new production; cupet, sonangol and MAY will have a new 50,000bopd capacity pipe built by end of 2024 at the latest. It’s go time. No ridiculous timeframes here. But cupet an sonangol will be doing what they can to keep us down. what’s going to happen?
Melbana will want to push to get the roads upgraded to handle minimum 10,000 bopd transportation before pipe is built though. Thats 1 truck every 20 minutes for total 66 deliveries per day (@150 bbl per truck). This should be enough to cover our share of costs for a new pipeline to market and might help keep the share price moving in the right direction
General discussion, page-115
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