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3.7¢ provaris energy ltd

Ann: C-H2 Scoping Study Delivers Green Hydrogen Supply Chain, page-53

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MDV505

5 Posts.

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17/03/21

10:45

Post #: 51827501
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Originally posted by lilac: ↑

G'day MDV,

The competitive advantage I've always understood is that what your larger vessels owned by BIGger companies cannot access the product.

Maurice's aim is to tap into "stranded gas", of which there is much around the world where large oilers would love to value add to their bottom line any way they can. Also environmentally it is beneficial if they don't have to flare the gas which inevitably they must bring to the surface anyway from the oil reservoirs, instead converting it at the point of extraction to an onboard transportable product, (CNG) which would be in as much demand as hydrogen or LNG.

It's about options. Options which the operators of marine oil fields currently don't have, hence the term "stranded gas", until we identify partners who will commit.

Hope this helps?

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Thanks for the info lilcac, it does answer my question to some degree, but not for the Hydrogen play where my focus was.

GEV Price at posting: 9.9¢ Sentiment: None Disclosure: Not Held
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