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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (16719)3/10/2002 10:45:26 PM
From: FR1  Read Replies (1) | Respond to of 74559
 
It seems that the problem with Trinidad is how to make money from the oil.

Let's suppose all the oil revenue is realized. The major players that you can invest in are players are BP/Amoco who are so large there is little ROI.



To: TobagoJack who wrote (16719)3/11/2002 4:41:09 PM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
Jay, when I was looking after methanol research as car fuel in my BP Oil days, I figured Trinidad would be a super-duper methanol supplier to California and the USA if necessary. I haven't thought about Trinidad for 13 years but Trinidad does seem to have a lot going for it now that I'm getting more detail from a local.

NZ gas fields are running down and by 2005 or 2007 there will be a reduction in production of large proportions. Importing LNG to New Plymouth might become a good idea. I guess Trinidad might be a supplier since they have to ship it all anyway and have no local use for it [other than as chemical feedstocks, a few barbeques and the like].

Anyway, I found your comments interesting.

Thanks,
Mqurice