Comments on: Golly, they’re going to hit the ground running. With a roadshow.

By: Crockett

Crockett — Tue, 15 Jan 2013 13:04:57 +0000

Not a burden on the people? Is this ‘professur’ for real?

PPP ventures bear fruit when the risk factor is low-to-moderate.

Secondly, negotiations as to who shoulders such risks need to be conducted transparently with just and fair outcomes for all parties concerned, including the public consumer.

Now here we’re talking about gas supply to fire a power station of the same type, when we know that LNG, a finite resource, is subject to volatile cost fluctuations.

This is not a PPP for the building of a railway or an aqueduct, for heaven’s sake.

And the PL is already hiding a good number of the costs at the embryonic stage.

I cannot bear to imagine what will happen when they get to dealing with the risk factor. Hello? Quo vadis?

By: P.Zammit

P.Zammit — Mon, 14 Jan 2013 23:31:09 +0000

In reply to P.Zammit.

I listened again to this, and I draw many parallels to the Malta situation.

Scroll forward to 20:00 and start to listen about the hazards, about shipping security (no shipping activity withing 2.0 – 2.75 kms), about promised reduced bills, about environmental issues related to high chlorine levels, about the risk of having a power station close by…

My, my – two years to have it up and running. My left foot.

By: lino

lino — Mon, 14 Jan 2013 23:01:07 +0000

Insomma, as Konrad himself admits in his Anglo-Maltese fashion: “Xej’ mhu new, Minister”. Exactly – typically Labour.

By: just me

just me — Mon, 14 Jan 2013 22:24:30 +0000

In reply to Joe Farrugia. They still have the "jew b'xejn jew xejn" mentality.

By: Joe Farrugia

Joe Farrugia — Mon, 14 Jan 2013 21:18:04 +0000

“Furthermore the new investment would not pose a burden on the people as this would be a public-private partnership.”

As in the PPP will not recover the costs but leave them there as a gift to the Great Leader and his people.

By: P.Zammit

P.Zammit — Mon, 14 Jan 2013 20:38:45 +0000

There was a programme yesterday morning on RAI, about LNG , gasifiers and energy generation.

In Italy many persons are up in arms and concerned about the environmental issues related to gasifiers. Here is a link to the recording.

http://www.rai.tv/dl/RaiTV/programmi/media/ContentItem-527e7235-d37b-4991-af35-4013fe1957a3.html#p=0

By: Alain

Alain — Mon, 14 Jan 2013 18:17:10 +0000

Pretty simple solution to this:

A) ask the consultants to place their claim in writing;

B) ask them to state a price range;

C) ask them to confirm they have professional indemnity for around 300m to 500m.

That should be fun.

By: Harry Purdie

Harry Purdie — Mon, 14 Jan 2013 17:47:08 +0000

Give the idiots another couple of weeks and they’ll be saying ‘What power plant?’

By: TROY

TROY — Mon, 14 Jan 2013 17:36:08 +0000

It will probably be April 1st.

By: FP

FP — Mon, 14 Jan 2013 17:34:34 +0000

If Edward Scicluna were teaching B.Econ at the University of Malta and had to grade a student’s thesis, which cheek would he wipe first with a page reading what he himself stated above, namely

“there were many overseas companies which would be interested in the sort of investment which the party was proposing and a 10-year price agreement was feasible, given that the investors would have a guaranteed domestic market. As a result Malta would have a cleaner environment and cheaper power. Furthermore the new investment would not pose a burden on the people as this would be a public-private partnership.”