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Clearly, a lot going on politically in Columbia and from the past PR‘s The project sounds massive with lots of partnerships and I’m sure a lot of government red tape.. again, ripe with opportunity just takes some navigating.
From reading, Petro is for the environment and clean energy. This aligns with the LNG project as a cleaner burning fuel and can help with Colombia’s energy transition, IMO. Keep the faith!!
Happy Father’s Day to all fellow dads out there.
Colombian gas production outlook brightens
Bnamericas
Published: Friday, June 10, 2022
Natural Gas
Studies
Reserves & Stocks
Capacity
Colombian gas production outlook brightens
Colombia's natural gas production potential has risen sharply over the past year as upstream operators respond to concerns over future supply, according to national industry association Naturgas.
A report published by the entity on Thursday shows the country's natural gas potential for the 2022-30 period climbed 8%, or 58 billion British thermal units per day (BBTU/d), compared to the same time last year. The figures were based on certified declarations by operators.
“These figures not only confirm the potential that the country has to maintain self-sufficiency and energy sovereignty from natural gas, they will also allow us to guarantee supply for households and vehicles," said Naturgas president Luz Stella Murgas.
Source: Naturgas
The total volume of gas available for sale in 2022-30 is 290BBTU/d on average, according to Naturgas.
According to the latest official figures, the life expectancy for the country's proven gas reserves is 7.7 years, though the government has warned a supply deficit could occur as soon as 2024.
Gas consumption in Colombia is expected to surge over the next decade, driven by rising demand from thermoelectric power generators, the automotive sector and producers of blue hydrogen.
://www.bnamericas.com/en/news/colombian-gas-production-outlook-brightens
So much Possibility.. so much opportunity, good things are on the way. Keep the faith longs.. tune out the haters.
Still some time left in Q2, lots going on in Colombia politically. Let’s see how we finish up, don’t lose hope longs, keep the faith!!
My goal for IAHL is to go out like Willie Nelson, on a high! Keep the faith!
Let’s see what June brings. my hope and opinion is we get back to trading and when we do, going to be a lot of fun.. keep the faith longs!
One more month to go in Q2, hoping for some fireworks. Jmho Keep the faith!!
Not surprised.. Lots of opportunity but, takes some navigating, politically. Still hoping for this quarter we flip the switch and start trading. Keep the faith!
Right players, right time. Our patience will be rewarded, keep the faith!!
Well said, the country is ripe with opportunity. Thanks for highlighting that in your posts.
Good article! Altenesol in the right place at the right time.. keep the faith!
Looking forward to the day we trade again, won’t be long now. Keep the faith!
Good read and is in alignment with the project altenesol is working on.. keep the faith!!
“The government is supporting the switch in fuels by supplying stipends per vehicle to move away from dirty fuels to support the countries policy of decreasing pollution values in major commerce areas of the country.”
Important info as it relates to the most recent PR-
“The entire project consists of partnering with Major trucking entities both replacing and converting diesel transportation with LNG and CLNG vehicles.in 4 of the largest and busiest cities in Colombia as well as port inlets for importation and exportation facilities.”
Looking forward to trading again soon, Keep the faith!!
Colombia backs gas as a transition fuel – with only seven years of reserves
The government of Iván Duque is promoting the increased use and development of natural gas in Colombia as a bridge between other fossil fuels and renewable energies
María Monica Monsalve March 13, 2022
Quarter is not over yet, let’s see if they can bring some good news and get this thing moving again.
High LNG Prices Are Here To Stay
By Tsvetana Paraskova - Apr 24, 2022, 4:00 PM
In just one year, the global market of liquefied natural gas (LNG) turned from a buyer’s market to a seller’s market, with LNG suppliers commanding a tight market as buyers scramble to secure gas from providers other than Russia.
Me too BBall, would love to get my hands on more shares at this level.
Yes, hoping for some fireworks this quarter too. Good luck longs, will be fun to watch.
No frauds here just a big challenge with tremendous upside and opportunity. There is a good saying-
“Taking on a challenge is a lot like riding a horse. If you’re comfortable while you’re doin’ it, you’re probably doin’ it wrong.”
Keep the faith!!
Love the articles, keep ‘em coming. Super informative in the world of energy..unlike the non-shareholding trolls and haters.. better days ahead.
Altenesol Llc annual reports are current and filed for this year..not sure why one would be and the other not filed.. probably a reason for it ;).. getting closer to trading again, imho keep the faith..
Happy Easter, Keep the faith!!
If oil continues in its current trend will be interesting to see how high we go when trading again. Getting excited! especially, since no change in share structure or DILUTION.. just saying GLTA!
“We know the restrictions in trading will continue until we fully disclose however our OTC account is open and company has already been vetted and verified so once we release normal trading should resume quickly.” Sept 27 PR
“On the positive side we announce the project has closed funding “ sept 27 PR
Keep the faith! No news doesn’t mean bad news.
My guess is sometime in Q2.. just my opinion though. Keep the faith!
Yup, very easy to find even for non shareholders. No mystery there! Again, I don’t think they would have wasted money while not being able to trade putting out 3 PRs in Q4 2021 if they were not working on something BIG.
Almost there, I can feel it! JMHO
Could not agree more.. well documented in 2016 letter to shareholders which, anyone can find on the website..no mystery there, even for non shareholding trolls.
Not hard to validate with a little DD! No mystery there, even a troll could find that!
From 11/30 PR:
“We are in the final stage to select auditors which will engage immediately after this process and payments are completed to give an accurate picture of the scope and economic size and future potential to the market and our investors,
We understand this release of information is important but our combined boards want everything to be in place and completed prior to filing all documentation which will reveal not only to our market but to our competitors as well.”
Financials on the way!
Oil continues to rise!
From 11/30 PR:
“The government is supporting the switch in fuels by supplying stipends per vehicle to move away from dirty fuels to support the countries policy of decreasing pollution values in major commerce areas of the country.
As oil increases in price so to will the benefit of the conversions and replacement with new vehicles.
The country has already started to implement restrictions to diesel vehicles entering high traffic areas at peak times, by switching the trucker also gains the benefit of no restrictions and lower fuel prices.”
Oil at $118!!
“Oil price jumps to nearly $114; natural gas prices reach record highs – as it happened”
Yes, good point. Hoping for some robust project plan details!