Gasol looks to floating storage vessels in bid to bring gas to Africa
Gasol’s (LON:GAS) strategy to bring gas to the power-hungry nations of Africa using floating storage and re-gasification vessels reflects the experience and acumen of the company’s backers. Gasol is...
View ArticleGasol looks to floating storage vessels in bid to bring gas to Africa
Gasol’s (LON:GAS) strategy to bring gas to the power-hungry nations of Africa using floating storage and re-gasification vessels reflects the experience and acumen of the company’s backers. Gasol is...
View ArticleGasol: MOU agreed for gas supplies into Benin and Togo
Gasol (LON:GAS) has struck an agreement for supplies of gas into Benin and Togo. The company has signed a memorandum of understanding on a deal for its joint venture company COGAZ to supply...
View ArticleGasol's first LNG re-gasification project could provide first revenues in...
Gasol's first LNG regasification deal will be a positive step for the firm in reaching gas starved African markets and could provide it with first revenues in 2014, reckons research house Edison. This...
View ArticleGasol surges on Benin joint venture
Gasol (LON:GAS) shares leapt higher as it completed a joint venture with Bengaz to supply gas into Benin, Togo and other west African countries. The agreement, which was flagged in September, will see...
View ArticleUPDATE: Gasol surges on Benin joint venture
---Adds broker comment--- Gasol (LON:GAS) shares leapt higher as it completed a joint venture with Bengaz to supply gas into Benin, Togo and other west African countries. The agreement, which was...
View ArticleGasol making headway with strategy
Gasol (LON:GAS) believes it has made good progress with it strategy over the past six months. It comes in the company's half-year report, which charts a period of steady development in its corporate...
View ArticleGasol rolls over loan for another year
Gasol (LON:GAS) has agreed an extension to its convertible loan with Banque Benedict Hentsch for another year. The gas group now has until next December to repay the £694,000 loan, which carries...
View ArticleGasol hooks up with dredging specialist for Cotonou harbour work
African Power Generation (Afgen), an affiliate of Gasol (LON:GAS), has signed a strategic alliance agreement with Dredging International covering Gasol’s proposed liquefied natural gas (LNG) import...
View ArticleGasol signs agreement to investigate Ghana gas supply
Gasol (LON:GAS) has signed a collaboration agreement with Ghana’s state-owned gas company to investigate ways to supply gas into the west African country. The company said the agreement mirrors...
View ArticleGasol draws down US$20mln on new bond
West African energy company Gasol (LON:GAS) has revealed the first tranche of its unsecured bond has been placed with institutional investors to raise US$20mln. The bond, which has an interest rate...
View ArticleFormer minister joins board of Gasol
Liquefied natural gas supplier Gasol (LON:GAS) has appointed a former Minister of Mining & Energy for the Republic of Guinea to its board as a non-executive director. Fassiné Fofana. 62, held the...
View ArticleGasol appoints former OPEC president as new chairman
Cornelia Meyer, chairman of Gasol (LON:GAS), is to step down from the board of the West African energy development company at the start of next month. She has, however, agreed to act as a strategic...
View ArticleUPDATE: Gasol extends African Power Generation option agreement
---ADDS BROKER COMMENT AND SHARE PRICE--- Gasol (LON:GAS) has extended its option to acquire African Power Generation by six months to February 24 next year. The initial deal with African Gas...
View ArticleGasol positioned to step up to revenue earning operator, says chairman
Gasol (LON:GAS) is positioned to step up from a development firm to a revenue generating operator, it says, as it posted full year results. The company aims to supply gas to West African markets which...
View ArticleGasol chief operating officer buys almost £50,000 worth of shares
The chief operating officer of West African energy group Gasol (LON:GAS) has bought nearly £50,000 worth of shares in the company. Alan Buxton, on September 5, purchased 275,000 shares at 18 pence each...
View ArticleGasol's US$116mln Côte d'Ivoire deal will utterly transform the business
Gasol (LON:GAS) has unveiled an utterly transformational US$116mln deal that will render the group profitable and gas generative. It is acquiring Energie de Côte d'Ivoire, or Enerci, from GDF SUEZ,...
View ArticleBIG PICTURE - Gasol ready to make the leap to become a profitable, cash...
It’s a jump only a handful of oil and gas juniors make – to become profitable, cash generative producers. In Gasol’s (LON:GAS) case, it will occur once a US$116mln deal with GDF SUEZ is complete; it...
View ArticleGasol rolls over financing facility
Gasol (LON:GAS) has agreed terms with Banque Benedict Hentsch (BBH) for the roll-over of half of its maturing convertible loan facility by one year. The new new maturity date is 30 December, 2014. The...
View ArticleGasol’s Energie de Côte d'Ivoire deal is off due to pre-emptions
Gasol’s (LON:GAS) proposed acquisition of the Energie de Côte d'Ivoire business from GDF SUEZ will not go ahead, because pre-emption rights have been taken up. Basically, that means third parties had...
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