00:00We expect that we will have a price parity with fossil methanol around 2035.
00:30I hope that this facility can take at least have a kind of a proof of concept role and I'll be proud if this facility can play that role.
00:49But besides that, we are of course a small country and we need to expand to larger economies where this technology can be utilised.
01:00Just a little bit bringing a Japanese flavor recipe into this.
01:05This is a greenish one, but normally this is in red.
01:19I think you might have a nail, the tool, right?
01:42Go for it.
01:46Actually, his office.
01:51Now we are officially open and we can let the first truck fly through.
01:57I'm getting a beer.
01:58I'm getting a beer.
01:59We're doing that for a while.
02:00They're in the cr pueden market.
02:02They can wait to walk through.
02:03Wow!
02:04We're doing that for a while.
02:05We've got the beer.
02:06Look at that.
02:07Okay, bro!
02:08I'm getting a beer.
02:09Yeah, this is.
02:10Take a beer.
02:11We are running out of your beer.
02:12You're having a beer.
02:13I forget that we talked about it.
02:14Hard beer.
02:15I have another beer.
02:16That's good.
02:18I've got a beer.
02:19Take a beer.
02:20Go for a beer!
02:21That's bad.
02:22I'm getting a beer with my beer.
02:23I'm getting a beer.
02:24this is a small step you should say so we consume about 10 million tons of fuel oil equivalent on
02:44an annual basis in our fleet so this is a small drop let's say but of course it's is the first
02:51steps it's really showing the way
02:54consumption is fairly small compared to the bigger engines
03:19currently the price gap between conventional fuel and green fuel e-methanol is quite large
03:29so it's several times more expensive so at this rate it's not scalable but what we can see is
03:35that with the framework with the IMO coming out last month this is really going to provide enough
03:41incentives for green fuel producers to supply green fuel at the cost competitive basis so it's
03:50really I mean regulation is the game changer
04:11so you
04:21you
04:22you
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