"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Monday, November 03, 2008

Medco may postpone 6 mega-projects

The Jakarta Post,   Jakarta   |  Mon, 11/03/2008 9:08 PM 

Indonesia's largest publicly-traded oil company, PT Medco Energi Internasional Tbk., may postpone its plans to construct six energy projects worth US$3 billion (Rp 30 trillion) due to the global economic recession.

The company's chief commissioner, Hilmi Panigoro, said here on Monday that banks should provide 70 percent of the funds needed for the projects, while the remaining 30 percent would be taken from the company's internally generated funds.

"Because of the crisis, banks have tightened their liquidity. Thus, we will possibly reschedule the big projects," Hilmi said, as quoted by Antara news agency.

Although the banks' liquidity was in fact still sufficient, Hilmi said the company was considering postponing the projects because of the possible high bank interest rates resulting from the crisis.

Hilmi said the company had yet to officially review the projects, and that it would keep working on the Senoro Liquefied Natural Gas (LNG) plan that is being financed by the Japan Bank Indonesia's largest publicly-traded oil company, PT Medco Energi Internasional Tbk., may postpone its plans to construct six energy projects worth US$3 billion (Rp 30 trillion) due to the global economic recession.

The company's chief commissioner, Hilmi Panigoro, said here on Monday that banks should provide 70 percent of the funds needed for the projects, while the remaining 30 percent would be taken from the company's internally generated funds.

"Because of the crisis, banks have tightened their liquidity. Thus, we will possibly reschedule the big projects," Hilmi said, as quoted by Antara news agency.

Although the banks' liquidity was in fact still sufficient, Hilmi said the company was considering postponing the projects because of the possible high bank interest rates resulting from the crisis.

Hilmi said the company had yet to officially review the projects, and that it would keep working on the Senoro Liquefied Natural Gas (LNG) plan that is being financed by the Japan Bank for International Cooperation. (ewd)

Posted by Cempaka at 9:39 PM
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