InvestorsHub Logo
icon url

eik

08/24/07 9:07 AM

#36107 RE: Lochan #36105

Two deals that are “almost done” (or practically done) are: SNGF acquisition and Syrian refinery project in Homs. Latvia terminal is also close to “almost done”, but I suspect this deal could be affected (delayed) by political events: Russia’s relations with Baltic countries (Latvia, Estonia, Lithonia) are rapidly deteriorating, new terminals have been launched in Russian part of Baltic sea (SP and Kaliningrad) to bypass “foreign” ports for Russian oil exports. What would be a sense to buy terminal that is boycotted by Russian oil suppliers? Just a speculation... Anyway, “SGNF + Homs” is more than enough to make NWOG shareholders happy. IMO.