I try to draft out what we discussed today and here you are.
- Best solution is to stay as is (if DOEB allows, no require of investment)
- Rent Tank/Reserve, you will face expenses around 1.8 MB/mth but off-set with margin increase, TSG only pay 7.2 MB/year (in long term not good because no ownership of anything)
- Invest Tank on own land. A lot of risk due to EIA and permit. Also 1-2 year (at beginning), TSG will need to pay extra for reserve/thru-put.
- Take over article 7. Save time and can realize net income from additional margin from TSG portfolio and Article 7’s existing customers. Risk is high investment.
Uno Gas will send you accounting report (balance sheet, profit & loss) of past 3 years soon by this week. You can consider to move next step or if you interest any other option or would like me to introduce other new Article 7, please kindly let me know. Hope you find the best solution for your company. Thank you kub.