PV1 1.16% 4.4¢ provaris energy ltd

1. Could be Atlantic Region, being discussions have been...

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    1. Could be Atlantic Region, being discussions have been underway regarding three different gas resources suitable for delivering CNG to Port Meridian via marine shipment.

    2. Other opportunities await in North America, Asia, Latin America, and Oceania.

    3. Caribbean needs/would like gas. But LNG is not practical, CNG makes much more sense especially coming from the Henry Hub(Erath Louisiana US.) home of Michael Juan Nunez (musician)! CNG could be delivered 750-1800 miles.
    [[[For power generators in the Caribbean to convert to gas, it is crucial to develop a strategy that secures a low-cost Henry Hub-linked LNG supply source (beyond 2024-25). This could be achieved through LNG contract negotiation or the development of seaborne compressed natural gas (CNG). Although not commercially ready yet, CNG is a promising technology that ties pricing to the regional Henry Hub-based market. Because it is most cost-effective within distances below 2,000 miles, the CNG price will be much less affected by a tightened global gas market.]]] {credit: Yasmine Zhu-Energy Insights}.

    If you wonder why? LNG footprint is like elephant to a donkey compared to CNG. Also Vent Gas & Flare have boundaries which make them impractical on the islands.
    Last edited by Lake Charles: 15/08/18
 
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