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Gold/Mining/Energy : IVAN - Ivanhoe Energy -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (75)	11/10/2003 9:46:30 PM
From: Bradpalm1	Read Replies (3) \| Respond to of 271

As a point of clarification, GTL technology is currently viable and Shell, for starters, is now planning to move forward with a large commercial facility in Qatar. Shell to build $5bn plant in Qatar Guardian Unlimited Mark Tran Monday October 20, 2003 Royal/Dutch Shell, the Anglo-Dutch energy giant, today announced a $5bn (£3bn) deal to build a plant in the Gulf state of Qatar to convert gas into petroleum products. The plant will be the world's largest gas to liquids (GTL) plant and the project includes the development of an area within Qatar's vast North Field gas reserve, producing 1.6 billion cubic feet of gas a day. "Not only are we building the largest GTL plant of its kind the world has ever seen, but we will be producing a new range of clean and versatile products which offer significant environmental and performance benefits," said Sir Philip Watts, chairman of Royal/Dutch Shell. Shell is investing $6bn in GTL technologies over 10 years. It announced an agreement with the Egyptian government for a 75,000 barrels a day facility in October 2000 and a similar plant for Trinidad & Tobago. Shell has been operating the world's only commercial GTL plant in Binutlu, Malaysia since 1993. Shell has been working on a synthetic fuel by converting natural gas since the late 1940s. The fuel can be used in conventional diesel engines and Shell says its special properties - a fuel virtually free of sulphur - make it cleaner than traditional fuels. Earlier this year, Shell launched a trial in Germany, where 25 Volkswagen Golf cars drove around Berlin, powered by its synthetic fuel. The Qatar plant will produce primarily naphtha and transport fuels to be marketed worldwide. "We shouldn't underestimate the challenges of a project of this size - our 140,000 barrels per day GTL Qatar plant will be the size of some of the world's largest refineries," Sir Philip said. Qatar, Opec's smallest oil producer, plans to become the world's GTL capital by 2010 and is discussing projects with several international oil companies, including ExxonMobil, the world's largest energy group, Marathon, ConocoPhillips and Sasoil-Chevron. "The signing of this agreement for this first world-scale project is an important milestone in establishing Qatar as the GTL capital of the world," said Abdullah bin Hamad al-Attiyah, Qatar's energy minister. Qatar has the world's third largest gas reserves after Russia and Iran. An annual world energy markets review by BP estimated Qatar's gas reserves were 508.5 trillion cubic feet at the end of 2002. guardian.co.uk

To: Pluvia who wrote (75)	11/10/2003 10:53:31 PM
From: Proud Deplorable	Read Replies (2) \| Respond to of 271

BUSH has clearly IMO pumped his stock via BS press releases including misleading promotions of IRAQ projects. the fact is, large scale, nobody knows if it will work and it will take a GREAT deal of money and time to determine. BUSH does not have the money to develop it, and 7 months of trying suggest no real playah in the UN is going to dedicate the chunk of cash needed to gamble on it either. BUSH used it as a promotion to sell his Patriot Act and raise money for his re-election. bottom line. pathetic behavior. the lesson here is - that's BUSH's game. use borderline fraud to raise money. make soldiers risk their lives by selling them a pig in a poke. HEY PLUVIA..GET OVER IT....IT'S THE AMERICAN WAY !!!! NOW THAT A CANADIAN KNOWS HOW TO PLAY IN THE BIG LEAGUES OF CORRUPTION, YOU GET YOUIR KNICKERS IN A KNOT ? So short it, who cares ? We who know how Friedland operates love the guy. He's making us lots of dishonest money in a dishonest world....YIPPIE.....BRING EM ON ! just got to know not to hold his plays after the hype settles down. Take your false moralistic attitude elsewhere. There's LOTS of life left in this promotion so why would you discourage people here when they are making money ? Hey, when you Americans clean up your own back yard what with all the corruption in the mutual funds industry, Enrons blah blah blah and crooked and murderous politics then you can criticize Friedland for having a dream and trying to convince others to invest in them. I for one am glad to participate in the excitement...lots of bang for my buck. If I get burned I want it to be on a high profile play. Short this at your own risk....as you have seen. It's going to 9.00 soon.....albeit like a roller coaster with people like you sitting on the tracks screaming as it approaches you. A friend of mine knows Robbie very well....my best advice to you is GET OFF THE TRACKS as the big big money from Arabia is in on this and they are making a killing on the ups and downs. Psst...you think that the huge volume is American money LOL ? Think about this and you will see where your efforts are being wasted.