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Project Keystone - Greican Ministry of Energy

Greica

Republic of Greica

Ministry of Energy (MoE)

PROJECT KEYSTONE - National Oil & LNG Modernization Initiative

The Ministry of Energy formally announces the initiation of the Project Keystone National Oil & LNG Modernization Initiative, a multi-phase program designed to restore, expand, and secure Greica’s energy sector.

For years, Greica has maintained one of the largest concentrations of hydrocarbon reserves in the world. However, aging infrastructure and logistical fragmentation have limited national production to approximately half of its achievable capacity. This initiative represents a direct correction of that imbalance.

One of hundreds of on-shore oil drills in Greica’s Drasden province, home to Greica’s largest known oil field.

The program will proceed in three phases.

The Planning Phase will establish the National Energy Coordination Authority (NECA), conduct a full audit of national infrastructure, and secure both domestic and international investment. Controlled foreign participation will be permitted under clearly defined limits that preserve state authority over all critical systems.

Phase 1 will focus on restoring existing production capacity through targeted repairs and upgrades, alongside the initiation of a modern, export-capable refinery on Greica’s northern coast. National geological surveys will be conducted in parallel to identify expansion opportunities. This phase is expected to raise production levels to approximately eighty percent of capacity.

Phase 2 will complete the refinery and unify the national energy chain from extraction through export. A formal Export Allocation Framework will be implemented, ensuring that domestic reserves remain protected while enabling structured international trade.

Phase 3 will expand drilling operations based on survey findings, establish long-term strategic reserves, and scale Greica’s export capacity to meet regional demand.

A concept of the as-of-yet named export refinery to be built on Greica’s north shore.

This initiative is guided by four principles: domestic energy security, controlled international engagement, preservation of state authority, and long-term economic development.

Greica will not pursue energy dominance at the expense of its own stability. Domestic reserves will be prioritized at all times. Exports, especially in the first two phases, will be conducted only from surplus production and within a structured allocation system.

The Ministry affirms that Greica remains open to foreign investment and cooperation. However, such participation will occur within a framework that ensures the sovereignty of Greica’s resources and infrastructure is not compromised.

This initiative marks a transition. Greica will move from a constrained energy producer to a stable, deliberate, and capable energy power.

Further technical documentation and investment frameworks will be released through NECA in the coming weeks.

STATEMENT ISSUED WITH PERMISSION FROM,

Thessara

DEPARTMENT OF STATE
UNITED STATES OF THESSARA
Office of International Resource Management

DATE: April 9, 2127
TO: His Excellency, Minister Pavel Radin, Ministry of Energy, Republic of Greica
FROM: The Honorable Ian McBerry, Secretary of State, United States of Thessara
SUBJECT: Formal Response and Proposal for Cooperation – PROJECT KEYSTONE

Excellency,

The United States of Thessara (UST) has formally reviewed the Ministry of Energy’s announcement regarding the Project Keystone National Oil & LNG Modernization Initiative. We commend the Republic of Greica’s vision for energy sovereignty and infrastructure restoration.

The UST recognizes that the Planning Phase represents a critical window for securing the capital and technical expertise required for Phase 1. In the spirit of continental partnership, the United States of Thessara formally expresses its intent to serve as a Primary Strategic Partner for this initiative.

While we fully respect the principles of state authority outlined by your Ministry, the UST’s commitment of national resources is predicated on the following terms of Strategic Reciprocity:

I. Guaranteed Energy Allocation (The “First-Option” Clause)
In exchange for the front-end capital required for the Drasden province repairs and the northern coast refinery, the UST expects a Guaranteed Right of First Refusal on 40% of all exportable surplus produced during Phase 2 and Phase 3. This ensures that Thessara’s investment directly secures our domestic energy grid for the long term.

II. Price Stability Mechanism (The “Market-Minus” Clause)
To offset the high-risk nature of early-stage infrastructure funding, the UST requires a Fixed-Rate Discount of 15% below the Global Market Price for all crude and LNG purchases during the first five years of the refinery’s operation. This “Most-Favored-Nation” status reflects the depth of our commitment to Greica’s success.

III. Technical Oversight and Integration
The UST proposes the appointment of a Senior Technical Liaison from the Thessaran Energy Bureau to sit as an observer on the National Energy Coordination Authority (NECA) board. This will ensure that the “unified national energy chain” is fully compatible with Thessara’s storage and distribution systems, facilitating a seamless export flow.

The United States of Thessara is prepared to move immediately. We request that your office provides the technical documentation and investment frameworks as soon as they are released to NECA so that our teams may begin the final vetting process.

Please accept, Excellency, the assurances of our highest consideration.

In Service to the Republic,

Ian McBerry
Secretary of State
United States of Thessara

Greica

MEMORANDUM FOR Office of the Secretary of State, United States of Thessara

FROM Office of the Minister of Energy, Republic of Greica

ATTN Secretary Ian McBerry

SUBJECT RE: Formal Response and Proposal for Cooperation – PROJECT KEYSTONE

Your Excellency,

Thank you for your response and interest in Project Keystone. This endeavor has been in development for a long time, and the United States of Thessara was identified early as a nation with whom we sought potential cooperation. If successful, Project Keystone will serve as a significant advancement for both our nations and the broader region.

After careful review, I am unable to accept your proposal in its current form. While we recognize the value of partnership with your people and Thessara’s capacity to contribute meaningfully to this effort, the terms outlined do not fully align with the framework of sovereignty, export flexibility, and long-term stability that will govern Project Keystone.

My Ministry is currently finalizing the investment and participation frameworks that will guide all foreign involvement. Upon their finalization and dispensation, I welcome the opportunity to engage directly with your office in structured negotiations. Ultimately, I personally endeavor to lead a delegation to Thessara to explore terms that are mutually beneficial and consistent with the strategic objectives of both our nations and the wider region.

Once again, I thank you for your interest in the Project and hope to discuss it further with you in the future.

Respectfully,

Mr. Pavel Radin

Minister of Energy
Republic of Greica

DELIVERED WITH PERMISSION FROM,

Novara

MINISTRY OF FOREIGN AFFAIRS

REPUBLIC OF NOVARA

Office of the Lord Chancellor

OFFICIAL PROPOSAL OF PARTNERSHIP

DOCUMENT REF: NOV-GRE-2026-04A

DATE: April 9, 2026

TO: His Excellency, Minister Pavel Radin, Ministry of Energy, Republic of Greica

FROM: Lord Chancellor Elias Vane, Republic of Novara

SUBJECT: Formal Proposal: The Sovereign Harbor Joint Venture Framework (Project Keystone)

Excellency,

Following our initial communications regarding the Project Keystone National Oil & LNG Modernization Initiative, the Republic of Novara formally submits this binding proposal for the Phase 1 and Phase 2 development of the Northern Coast Refinery.

We have observed the proposals submitted by other regional powers, many of which demand steep discounts on your sovereign resources and encroach upon your administrative authority. Novara fundamentally rejects this model of international cooperation.

We believe that Greica’s transition into an energy power must be built on the principle of absolute state sovereignty. To that end, we propose the Sovereign Harbor Initiative, a Joint Venture Framework designed to heavily finance and actualize your modernization goals while keeping the ownership and the profits exactly where they belong: in Greica.

The proposed terms of our partnership are as follows:

THE SOVEREIGN HARBOR INITIATIVE

A Joint Venture Framework for the Northern Coast Refinery

ARTICLE I: UNCOMPROMISED SOVEREIGN OWNERSHIP

Novara recognizes that the infrastructure built on Greican soil must remain under Greican control.

• Establishment: The refinery shall be operated under a newly formed entity: The Greica-Novara Keystone Refining Corporation (GNKRC).

• Majority Equity: The Republic of Greica, via the National Energy Coordination Authority (NECA), shall retain a permanent, non-dilutable 51% majority ownership stake. Novara shall hold a 49% minority stake.

• Leadership: The Board of Directors shall be permanently chaired by a Greican national appointed directly by your Ministry.

ARTICLE II: STRATEGIC INFRASTRUCTURE FINANCING

Novara will shoulder the primary financial burden to protect Greica from the hazards of international debt traps.

• Capital Expenditure: Novaran state-backed financial institutions will provide a guaranteed 60% of the total capital investment required to design, construct, and launch the Northern Coast Refinery and its associated coastal logistics hubs.

• Fiscal Stability: This majority financing ensures the project begins immediately without imposing overwhelming sovereign debt upon the Greican state. Novara’s capital recovery for this investment will be derived strictly from our 49% share of future operational dividends, ensuring Greican domestic budgets remain secure.

ARTICLE III: TECHNICAL COOPERATION & FACILITY ADMINISTRATION

To ensure the facility meets global safety standards immediately upon opening, Novara offers its world-class technical administration to support NECA.

• Operational Partnership: The Novaran State Energy Enterprise (NSEE) will provide a 25-year operational management service to the GNKRC. This ensures that the burden of day-to-day facility maintenance, logistics coordination, and software integration is handled by seasoned experts while Greica retains strategic executive oversight.

• State-of-the-Art Systems: The facility will be equipped with Novara’s proprietary Aegis-7 Refining and Logistics Architecture, guaranteeing maximum yield and unparalleled environmental safety.

ARTICLE IV: DOMESTIC CAPACITY BUILDING

This initiative must serve the Greican people.

• Workforce Mandate: GNKRC commits to a workforce comprised of at least 85% Greican citizens from the first day of operation, driving immediate domestic employment.

• The Excellence Program: Novara will fully fund and establish a technical training institute on-site. Novaran master engineers will directly train your citizens on advanced refining techniques, ensuring that the next generation of Greican workers are the most skilled on the continent.

ARTICLE V: EQUITABLE TRADE ALLOCATIONS

Novara will not devalue your national resources.

• Full Market Price: Unlike competitors demanding predatory 15% discounts, Novara commits to purchasing any bulk crude oil or standard LNG surplus allocated to us by NECA at 100% of the Global Market Price.

• Industrial Off-Take Integration: To subsidize the advanced, specialized refining units Novara is installing, Novara asks only for a standardized industrial off-take agreement, allowing us to purchase the facility’s Tier-1 petrochemical by-products (specialized polymers and industrial lubricants) at base-production cost.

Excellency, this framework represents a true partnership of equals. It honors the core principles of Project Keystone by defending your domestic energy security, rejecting predatory foreign leverage, and establishing a unified, modern energy chain.

We do not ask for a seat on your sovereign NECA board, nor do we demand a discount on your primary exports. We ask only to stand beside you as the architects and technical partners of your new energy era.

We are prepared to dispatch our top engineering delegations to your capital to finalize these terms at your earliest convenience.

In highest regards and enduring friendship,

Elias Vane

Lord Chancellor of Foreign Affairs

Republic of Novara

Drafted in coordination with the Novaran State Energy Enterprise

Greica

Novara

MEMORANDUM FOR Lord Chancellor Elias Vane, Republic of Novara

FROM Director-General Elena Markovic, Greican NECA

CC Minister Pavel Radin, Ministry of Energy, Republic of Greica

SUBJECT RE: Formal Response and Proposal for Cooperation – PROJECT KEYSTONE

Your Excellency,

The NECA would like to acknowledge the proposal from the Republic of Novara, and both recognize and appreciate its clear alignment with the sovereignty principles that govern this project. We would like to ensure that all potential investors understand that, going forward, the NECA will be the governing body for participation in the project, and that all integration is subject to the NECA framework.

Your proposal remains under a structured evaluation against the investment framework issued earlier this week; it is being assessed under a hybrid Technical and Infrastructural Partner concept. However, we want to reaffirm that such multi-category participation is bounded, and the NECA intends to limit the concentration of influence.

We have identified a few elements of your proposal that are particularly aligned with the framework, including majority Greican ownership, a capital-focused financing approach, workforce localization and training commitments, and a market-rate trade posture. These points are consistent with Project Keystone’s design.

The Republic of Novara is being considered primarily for infrastructure integration, as most of your offers align with that category of partnership. Your potential contribution toward refinery development is highly valued by the NECA. Your proposed equity structures remain under review within NECA limits.

NECA is open to technical participation under defined conditions, primarily ensuring that systems remain fully accessible to and under the control of the Republic of Greica. Additionally, we want to emphasize that the investment framework requires a 100% knowledge transfer. Your technical expertise in operational support and development would be welcome on Project Keystone.

We would like to note that long-term external management of any kind is contrary to the goals of Project Keystone, and while we value experienced operational support, lengthy management contracts may eventually erode Greican sovereignty and operational control. Let’s conceptualize a phased transition program focused on capability transfer.

We agree wholeheartedly with the importance of digital sovereignty and, for that reason, require that operational developments occur jointly from inception. We reject closed or proprietary dependencies that go against the NECA framework.

Your Total Soveriegnty Protocols are well-intended, and the NECA will evaluate the policy independently.

Finally, Phase 1 has already begun, and we hope to bring your Republic to negotiations to further strengthen our cooperation. Further communication and revised terms will arrive through NECA channels. We appreciate your proposal and your intent, and would like to reaffirm a shared interest in a stable, sovereign Greica.

Respectfully,

Ms. Elena Markovic

Director-General, NECA

Ministry of Energy
Republic of Greica

Thessara

DEPARTMENT OF STATE
UNITED STATES OF THESSARA
Office of International Resource Management

DATE: April 10, 2127
TO: His Excellency, Minister Pavel Radin, Ministry of Energy, Republic of Greica
FROM: The Honorable Ian McBerry, Secretary of State, United States of Thessara
SUBJECT: OFFICIAL PROPOSAL – The UST-Greica Bilateral Energy Security Accord [1]

Excellency,

The United States of Thessara (UST) wishes to formalize a partnership that honors the Republic of Greica’s commitment to energy sovereignty while leveraging the UST’s industrial capacity. We have revised our initial framework to align strictly with your “Domestic First” principles.

The UST proposes the following Bilateral Energy Security Accord:

1. The Sovereign Infrastructure Grant
The UST will provide a direct, non-repayable grant of high-grade specialized machinery and geological telemetry systems to expedite the restoration of the Drasden province fields. This grant is provided with no debt attachment, ensuring Greica retains absolute ownership of the hardware and the data produced.

2. Voluntary “Reserve-First” Purchase Model
We acknowledge that domestic reserves are your priority. The UST proposes a flexible contract where we only purchase surplus production identified by NECA. In exchange for this flexibility, the UST will serve as a “Preferred Partner,” offering to handle all transport and maritime security for exports destined for Thessaran ports at our own expense.

3. The Reinvestment Trust
To ensure Greica’s long-term economic development, the UST proposes that 10% of the total value of our LNG and crude purchases be directed into a Greican National Development Trust. This fund will be managed exclusively by your Ministry to finance the Phase 3 expansion of domestic drilling, effectively using Thessaran capital to build your future independence.

4. Technical Autonomy Training
Instead of oversight, we offer Knowledge Transfer. The UST is prepared to host Greican technical teams for intensive training in modern refinery management and export logistics. Our goal is to ensure that by the completion of Phase 2, Greica possesses the internal expertise to operate its unified energy chain without any external assistance.

The UST views this as a partnership of equals. We are ready to begin the final vetting process as soon as your technical documentation is available.

Respectfully,

Ian McBerry
Secretary of State
United States of Thessara

Novara

OFFICIAL ADDENDUM TO THE SOVEREIGN HARBOR INITIATIVE

DOCUMENT REF: NOV-GRE-2026-04B (Revised Public Record)

DATE: April 10, 2026

TO: His Excellency, Minister Pavel Radin, Ministry of Energy, Republic of Greica

FROM: Lord Chancellor Elias Vane, Republic of Novara

SUBJECT: Policy Addendum: The “Total Sovereignty” Protection Protocols

Excellency,

The Republic of Novara is pleased to see that our initial proposal has set a new standard for international diplomacy regarding Project Keystone. We observe that other esteemed nations are now revising their approaches to mirror Novara’s “Sovereignty-First” framework. This is a profound diplomatic victory for the Republic of Greica.

However, true sovereignty extends beyond equity on a piece of paper. In the modern era of energy production, data integrity, neutral logistics, and reliable economic dividends are just as critical as the physical resources themselves. Because Novara is committing 60% of the capital investment for the Northern Coast Refinery, it is our fiduciary duty to ensure the facility is protected from subtle forms of foreign dependency.

Therefore, Novara officially submits the following “Total Sovereignty Protocols.” We strongly advise the Ministry of Energy to mandate these protocols for all foreign partners.

THE TOTAL SOVEREIGNTY PROTOCOLS

PROTOCOL I: THE DIGITAL INDEPENDENCE & TECHNOLOGY TRANSFER ACT

Foreign nations offering pre-packaged digital infrastructure or “free” telemetry machinery often do so to maintain black-box control or harvest vital data. A sovereign nation must never rely on closed software it cannot independently verify.

• The Novaran Guarantee: The Republic of Novara is currently in the active development phase of our state-of-the-art Aegis digital refining architecture. Rather than imposing a proprietary, finished system upon Greica, we propose a foundational development partnership.

• The Mandate: Novara invites Greica’s top cyber-specialists and software engineers to join us and use the Aegis architecture as a base platform to co-develop Greica’s own bespoke, sovereign digital infrastructure. Upon completion of the facility’s software suite, Novara guarantees a 100% Technology Transfer. Greica will own its source code entirely, ensuring absolute certainty that no foreign espionage backdoors exist and granting your Ministry total digital autonomy for the future.

PROTOCOL II: THE KEYSTONE COMMON TRANSIT CONSORTIUM

A sovereign supply chain cannot rely on foreign navies or a single nation’s isolated transport fleet, as this creates a logistical choke-point and invites territorial encroachment.

• The Novaran Guarantee: To ensure the uninterrupted flow of exports, Novara proposes the establishment of the Keystone Common Transit Consortium.

• The Mandate: Rather than relying on militarized escorts or privatized foreign fleets, Novara and Greica will co-found a common maritime trade route and a shared, civilian shipping service. This neutral, standardized logistics network will be open to all purchasing nations—including the UST—lowering transit costs across the board while permanently demilitarizing the export corridor. Port authority and route management will remain strictly under civilian administrative control.

PROTOCOL III: THE UNCONDITIONAL THROUGHPUT DIVIDEND

Promises to reinvest a percentage of “sales” are hollow, as they are entirely dependent on a foreign nation choosing to buy from you. If their domestic needs change, your funding vanishes.

• The Novaran Guarantee: Novara proposes a Fixed-Yield Sovereign Dividend. Instead of tying reinvestment to specific sales, 12% of the total refined value of all products flowing through the Northern Coast Refinery will be automatically deposited into the Greican National Development Trust.

• The Mandate: Whether the product is sold to Thessara, Novara, or used domestically by Greica, the Trust is funded. Novara guarantees this revenue stream based on the facility’s physical output, ensuring Greica’s Phase 3 expansion is funded unconditionally, immune to the political whims of foreign buyers.

Excellency, a partnership of equals requires complete transparency. If any foreign state balks at facilitating a full technology transfer, participating in a shared civilian transit route, or guaranteeing unconditional development funds, it will swiftly reveal the true nature of their intentions.

Novara embraces these cooperative measures gladly, because our only objective is the realization of a strong, secure, and truly independent Greica.

We respectfully request that NECA adopt these protocols as the baseline requirement for all international participation moving forward.

In enduring partnership,

Elias Vane | Lord Chancellor of Foreign Affairs

Office of Strategic Trade & Energy Security

Republic of Novara

Greica

PROJECT KEYSTONE - UPDATE

Ministry of Energy

The Ministry of Energy acknowledges all responses to the Project Keystone announcement and will address them as necessary in due time. All proposals remain under review pending the release of the Project’s investment framework. As a reminder, all participation in Project Keystone will be conducted exclusively through the National Energy Coordination Authority (NECA). The NECA will be announced alongside the release of the investment framework; advisory-level positions will be available within the NECA for participating foreign entities. The forthcoming framework will define structured participation tiers, capital integration mechanisms, and investment thresholds. No single foreign entity will be permitted to acquire a controlling share of Keystone.

Additionally, funds have been received from the Thernon Anchor, allowing the Project to begin Phase 1.
Phase 1 objectives:

Repair and upgrade existing wells (target: +30–40% output recovery)
Replace critical pipeline segments
Initiate construction of a dual-purpose refinery on the northern coast
Conduct full-scale national geological surveys
Target outcome: increase production from approximately 50% to ~80%

To support these efforts, the Ministry has executed preliminary domestic contracting actions. Drasden Industrial has been designated as the primary contractor for refinery development, while Aurex Energy Systems will lead infrastructure restoration and capacity recovery operations.

More information will be released in coordination with the NECA framework.

Greica

PROJECT KEYSTONE

National Energy Coordination Authority (NECA)

Investment & Participation Framework

The Ministry announces the appointment of Ms. Elena Markovic as Director-General of the National Energy Coordination Authority. Ms. Markovic will be responsible for the coordination of all domestic and international participation in Project Keystone.

Potential Investors,

The Republic of Greica hereby establishes the National Energy Coordination Authority (NECA) as the central body responsible for overseeing all participation in Project Keystone. All foreign and domestic engagement, whether financial, technical, or commercial, will be conducted exclusively through NECA. Independent or bilateral arrangements outside of this structure will not be recognized.

Project Keystone is guided by a simple set of principles: Greican resources remain under Greican control, domestic stability takes priority over export ambition, and international cooperation is welcomed so long as it strengthens, rather than compromises, long-term independence. These principles are not negotiable.

Participation in the project is organized into distinct categories. These categories define how external partners may engage with the project, and are designed to ensure that no single entity can dominate multiple aspects of Greica’s energy sector.

Infrastructure Partners are those who contribute to the physical expansion of the nation’s energy capabilities. This includes the construction of the northern coastal refinery, the restoration of pipeline networks, and the scaling of extraction infrastructure. These partners may commit significant capital and may participate in project-specific ownership structures, but all such arrangements will preserve Greican majority control. Infrastructure Partners are, in effect, builders and financiers of the physical backbone of Project Keystone, operating within clearly defined limits.
Technical and Systems Partners provide the expertise required to bring that infrastructure to life. This includes engineering support, systems integration, logistics design, and early-phase operational assistance. These partners are expected to work in close coordination with Greican personnel and institutions, with an emphasis on knowledge transfer and long-term self-sufficiency. Systems introduced under this category must remain transparent and accessible, ensuring that Greica retains full understanding and eventual control of all operational components.
Trade and Offtake Partners represent the external markets for Greica’s energy output. These entities engage with Project Keystone by purchasing and distributing exportable surplus. All exports will be managed through NECA, with domestic energy needs taking precedence at all times. While long-term commercial relationships are anticipated, no partner will be granted guaranteed allocation or preferential control over Greica’s resources. Access to exports will reflect availability, reliability of partnership, and alignment with Greica’s broader strategic interests.

While these categories define participation, they are not hierarchical or freely interchangeable. NECA retains full authority to determine the scope and limits of any entity’s involvement. Participation across multiple categories may be permitted where appropriate, but no arrangement will be permitted that consolidates disproportionate influence over the project.

To support long-term national development, Project Keystone will incorporate a structured reinvestment mechanism. A portion of the value generated through the project will be directed toward a national development fund, ensuring that the benefits of this initiative extend beyond immediate production gains and contribute to sustained economic growth.

Investors will be subject to a comparative evaluation, and the NECA reserves the right to select investors based on their benefits to Greica, the investor, and the region as a whole. Integration will occur on a case-by-case basis starting in Phase 1 of Keystone, with further opportunities to develop throughout Phase 2.

Foreign partners may be invited to engage with NECA in advisory or liaison capacities. These roles are intended to facilitate coordination and alignment, not to confer decision-making authority. All strategic direction, allocation decisions, and operational control will remain with Greican institutions. All existing and future proposals will be evaluated within the framework outlined above. The NECA Foreign Investment Director will contact all interested foreign entities shortly with revised proposals following this framework.

The NECA is seeking partners who are driven to improve regional energy resilience, eager to build international partnerships, and devoted to the betterment of our society.

Signed,

Elena Markovic

Director-General of the NECA