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pbmus

(12,422 posts)
Mon Jan 29, 2018, 09:59 PM Jan 2018

Sanctions....are the reason pour le jour...

Exxon/Rosneft/Blackstone/Trump


After a few hours of web surfing & note taking, I was able to identify a variety of investments/investors who stand to benefit from the lifting of the existing sanctions on Russia -- but also stand to lose if the sanctions are not lifted in a timely manner....

(I also found the trail between the 19.5% and Trump's Blackstone buddies...


The Exxon component is far greater than just the highly publicized $1billion loss from the Arctic Drilling project that was halted due to the sanctions .....

Timeline/Players:
1998 Tillerson was head of Exxon's
Neftgas Ltd
Neftgas + Rosneft = Sakhalin-1 (Siberian coast)

2006
Tillerson CEO/Pres. Exxon
& Sechin takes over Rosneft

2011
Rosneft + Exxon = Strategic Cooperation Agreement
Explore/Exploit Arctic & Black Sea
* Rosneft subsidiary gets 30% equity in Exxon's La Escalera Ranch project in W.Texas
* Rosneft gets rights to acquire 30% of Exxon Holdings (20 blocks) in Gulf of Mexico
* Rosneft subsidiary RNCardium oil acquires 30% of Exxon's stake in Canada -- Cardium formation to develop tar sands reserve


2012 Neftgas Holdings incorporates (Pável Ilyasov)

2013 Exxon had rights to
11.4 million acres in Russia &
(14.6 million in the US)

2014 Exxon had rights to
63.7 million acres in Russia

Sanctions halted Arctic drilling but did not prohibit acquisition of rights for future projects

Exxon holdings w/ OAO Rosneft include
* Laptev & Chukchi Seas
* Kara & Black Seas
These rights have expiration dates from 2017 -2023
and are to planned to begin contribution in 2020

Kara & Black Seas will cost estimated $350billion to develop

June 2016
St. Petersburg Economic Forum
Sechin (Rosneft) gives Tillerson (Exxon) thumbs up when Tillerson is asked about Sanctions and he says he will leave that to the governments...
(what does Sechin know?)


October 2016
Rosneft acquired Essar Oil (Indian Refinery- 400,000 bpd)
for $13billion
Includes: port terminals, power plants & pumps

Nov/Dec 2016
Rosneft acquired 30% of
Shouroulk in Egypt and its Zohr offshore gas field from Italy's ENI SPA for $1.575 billion


Dec. 2016
Rosneft Trading SA
Loans $1.5billion to
Venezuela PDV SA against 49.9% of US CITGO Holdings / CITGO Petroleum
Which includes 3 refineries and pipelines (749,000 bpd)
* Corpus Christi, Tx
* Lemont, Illinois
* Lake Charles, La. (6th largest in US)
(Hmmmm... sounds like a down payment on a future sale ... contingent upon sanctions being lifted)

Rosneft ownership is roughly
19.25% BP
19.50% QHG******
10% Russian Stock Market
50% Russia
1.25% other


The QHG 19.5% = the mystery shares referenced in the Steele/Trump Dossier ...

Russia's VTB temporarily loaned QHG 10.2billion (euro) to purchase the 19.5% of Rosneft

The loan was satisfied by a combination of payments:
300million euros from GlenCore
2.5 billion from Qatar
5.2 billion from Intesa SanPaolo on behalf of QHG (loan)
2.2billion ???? Not clear

QHG is made up of GlenCore & Qatar...
and
GlenCore = BP + Qatar

GlenCore
Lists as a director
Peter Grauer (Bloomberg) also a
director - Blackstone

QHG's loan from Intesa SanPaolo (Italian bank) who has partnership with GSO Capital division of Blackstone

Russian source says
QHG likely to default on loan

(Strange, Qatar has hundreds of billions... why finance? Why default? Perhaps just the mutually trusted neutral middleman?)

Meaning Intesa or whomever it assigns the loan to (GSO Capital/ Blackstone) will own that 19.5% upon default by QHG.... likely to occur immediately after sanctions are lifted.

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Sanctions....are the reason pour le jour... (Original Post) pbmus Jan 2018 OP
imagine that gopiscrap Jan 2018 #1
Many politicians complicit and trying to add cover... pbmus Jan 2018 #2
Exxon could lead to the end of humanity faster than Trump and Kim Jong Un ever could. Initech Jan 2018 #3
No truer words have been spoken or heard today... pbmus Jan 2018 #4

Initech

(100,018 posts)
3. Exxon could lead to the end of humanity faster than Trump and Kim Jong Un ever could.
Mon Jan 29, 2018, 10:20 PM
Jan 2018

Their extreme addiction to wealth and power is a greater threat to humanity than anything Al Qaeda or the Taliban could ever do.

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