Hello EP, As events will turn out, the folks on this side of the pond, north of me, will work to boost the price of natural gas over where you are, by building one very power hungry aluminium smelter in energy-plenty Trinidad.
A deal will be inked next week whereby China will extend financing of half a billion USD to a alumium smelter joint venture between my nation Trinidad, and some of cousins' state Venezuela.
The plant will be located in Trinidad.
Coincidentally my Chinese-English-Jewish brother's Chinese Moslem wife's former China state employer got the contract to build the plant in Trinidad on turn-key basis. More than 1,000 Chinese technical and construction folks will re-loacted to Trinidad.
Strangely, many of them will be staying in Port of Spain hotel owned by Trinidad Hakka Chinese Creole family.
Even more weird, meetings have been arranged between the Chinese delegation big shots and some French cousin of mine who is in charge of the largest local financial institution with venture fund to participate in future deals.
I am told that money is being dropped on Trinidad by a whole lot of nations.
I feel despondent, as if there is an orgy at some hot club and I am stuck on the highway in the middle of nowhere.
Watching others loot is not nearly as fun as being there close up and personal.
Anyway, once the smelter is up and running, a lot of Trinidad and Venezuelan energy will be exported to China in aluminium ingot form, and so Canadian gas will be more expensive as less LNG is loaded from Trinidad to everywhere, mostly north, and so our natural gas shares ought to rise in value, along side our gold, and stuff. A sort of win-win-win triple play :0)
Chugs, J |
