The Nsanian Oil Company (Nsanisches Öl Firma), or NÖF, is a totally state owned natural gas and oil company focussed on oil and gas exploration off the southern coast of Mukina. The Holy Luthorian Empire has already invested in this project. We asked the Nsanian Ministry of Trade and Industry if we could also invest.
Agreement was reachd that we could buy 10% of the shares for a negotiated price payable forthwith so Importunternehmen der Bundesrepublik (IdB) or Federal Republic Import Corporation will be buying that 10 %.
IiB although a government owned corporation is borrowing the funds to purchase the shares from Kretsch Bank AG and Schmitdgold Bank both of which are prominent investment bankers. They in turn are marketing the debt as government backed securities. Fendelhorst, Braunschweiger and Dorfmann will handle loan documentation and closing instructions
We are happy to invest in oil and gas exploration by a friendly nation entering that field hoping to diversify energy sources.
The nuclear power plant for generating electricity whose construction began a year and a half ago just outside Sudschloss-am-der-Czimnetz will be operational very soon. Very soon indeed. And as Grosvic students graduate from the Masters Degree in Nuclear Power Plant Engineering Program, they will be employed there. As will numerous technicians who take the training course for NKK technical staff run at The School of Engineering of Karl Ulrich Universitat in Unterschloss.
Many have asked what next. In all probability the next thrust will be a nuclear power plant generating electricity in Chontalan Bundeslander. Not tomorrow but soon. Whether the nuclear power plant engineering degree program will be replicated in Chontalan or not is not clear at all yet. We may well choose to rely on the 4 existing programs. We are leaning toward replicating the technical staff training at Karl Ulrich Universitat quite possibly here.
What about NKK itself. With a government that sometimes favors socialism and sometimes capitalism, three issues have arisen. First should NKK buy out the other owners of three other nuclear facilities. Second, should shares in NKK be sold on the stock market but government control maintained. Third, should NKK be completely privatized.
We do not feel we should rely entirely on nuclear generated electricity. Hydroelectric power will be continued in some communities and government facilities as a safeguard. Further, we do not produce crude oil or natural gas. To date our efforts to go green for powering vehicles have largely centered around biofuels.
Electric vehicles if we seriously wish to reduce dependence on foreign oil will demand more electricity. Solar panels is one way. Another is power from wind. Just about anyone can build small wind turbines but the best large ones need certain rare earth resources that in fact we are importing. So we in fact are ready to augment our nuclear facility expansion with other green sources of energy.
[...] Dear Dundorfians, before walking together to the Bundestag to celebrate this day, I would like to conclude my speech by encouraging people of different backgrounds, political opinions and religious affiliations to come together as one people, in Unity, to maintain our great Republic indeed great, and prosperous. Thank you.
- Final of President Engelhart's speech
Talzüge goal is to improve railways in the state and we are doing this in two ways. The first is buying new rolling stock from DUT. We have bought their well tested 425 model to run on the Volzhaus s-banh and regional express routes that we run. If customers like them we will order more from DUT for our network. Also we have been improving frequency. For example in Volzhaus we have strated to provide trains to midnight every day on the s-bahn and overnight Friday service. This may seem like regular urban rail running in most cities but before we took over the s-bahn; train services stopped at 9. We are sure that the people of Julstoch appreciate these changes and we hope to expand our business where possible.
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