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Tuesday, 03/01/2022 10:24:05 AM

Tuesday, March 01, 2022 10:24:05 AM

Post# of 1072
July 2/2021 or September 4/21. Six months, eight months. I would suggest an update is a reasonable expectation.
“ We are currently working on a few projects. Most recently, in June 2021, we signed an agreement to build a refinery in Oman at the Port of Duqm, located outside the Strait of Hormuz. This will serve as our first project and will utilize our environmentally friendly upgrading technology, called Genoil "GHU." The size of the project is estimated to be 200,000 barrels per day and cost in excess of $2 billion USD. We are also working closely with one of the largest policy banks in the world, and with the support of this major policy bank, Genoil is more strongly financially backed than any oil company in the world. Additionally, this support has enabled Genoil to position itself at the top level in many countries.”

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