I have been away without access to to ADVFN. Many thanks for the update|
|Do the shares still have a value now they are delisted ?|
|Racinglad Had a positive response from Mr Cooper to an email I sent.He says as a majority shareholder its in his interest to become chairman of the board. Two former executive directors remain as employees and accounts and annual report should be published soon followed by AGM.More positive outlook IMOTF|
|Well spotted Teraferma! And so is Angus Donald Winton Robertson who was also a Director at the start. However, no financial accounts as yet.
Wonder what has gone on, and why the mass change of Directors?
See Afren are still listed as holing 4.5 million shares. Not much worth for the liquidators!|
|Annual report finally completed for last year.
Interesting development all the current board have resigned and Ethelbert Cooper is back as Chairman. Can only be goo IMO|
|Just when i was starting to doubt whether Gasol was still a going concern. Not communication from the company regarding AGM and accounts.
But I have found this, no real progress but at least things are still happening..
Gasol to expand operations to West Africa posted 2nd November 2015
Gasol, the Nigerian energy company, plans to develop its own sources of field gas in West Africa and supply that gas for power generation, replacing more expensive imported fuel oil. These operations will not only benefit its base country, but Benin, Togo and Ghana as well.
A principal in the West African gas to power (WAGP) story, Gasol is already working with national companies in the region to develop gas infrastructure by pursuing several projects along the West African Gas Pipeline.|
|Accounts are overdue at Companies House, so there will be a fine due when they are eventually filed.|
|No AGM this year? Are we still a going concern?|
|Alan buxtons spin on events, laughable really.hTTp://gasolplc.com/media/34473/malta_press_release.pdf|
|Updated: Gasol out of Electrogas consortium, Opposition says project has always been a farceFriday, 24 July 2015, 16:24Last update: about 2 days agohTTp://www.independent.com.mt/articles/2015-07-24/local-news/ElectroGas-removes-Gasol-as-Delimara-power-station-partner-6736139432|
Many thanks for posting|
|Gasol's gas import project starts gaining traction
According to our sources, Benin’s government gave a thumb’s up a few weeks ago to the British group Gasol to start conducting studies to anchor a re-gasification barge off Cotonou port. Gasol’s local partner, Bengaz, a firm owned by a former Benin minister and the country’s ex ambassador to France, Yves-Edgar Monnou, did most of the running on the project since the two companies formed a joint venture, Cogaz, in 2012. It took more than a year of talks with the energy ministry to win the nod even though an initial green light was given by the president’s office in February, 2014 (AEI 718).
Gasol’s aim is to initially sell gas to Benin’s power plants through the Communaute Electrique du Benin (CEB). But it also wants to use the West African Gas Pipeline that links Nigeria, Benin, Togo and Ghana to supply the latter three countries.
As Nigeria can’t supply its customers properly, Gasol believes a barge off Cotonou could have a market numbering nearly 50 million consumers.
The duration of the study, choice of contractors and work on the terminal could take a good two years. Gasol is working on a similar scheme in Malta.|
|one would hope so, but you never know!! But they also hold shares, so hopefully....|
|He states in the video that they plan to relist once they are a much bigger company, should be beneficial to current shareholders ?|
|This was in Tradewinds today as the headline, but I do not su
bscribe, so cannot get the rest of the article
Excelerate working on Ivory Coast FSRU
Slightly further east in Benin, UK-based Gasol is working on plans to import 1.2 million tonnes per annum (mtpa) via an FSRU sited in
Many thanks for the link above Teraferma|
|An interesting video for shareholders to watch.Gasol's Tay on AIM delisting and West Africa planshTTp://www.proactiveinvestors.co.uk/companies/stocktube/3889/gasols-tay-on-aim-delisting-and-west-africa-plans-3889.html|
|Interview with Francis Igboma who is responsible for progressing the Benin LNG import project, looks like it has been signed off.hTTp://www.oilcouncil.com/meet_the_members_articles/francis-ugboma-senior-manager-lng-business-development-gasol|
|From Tradewinds, but I haven't got a subscription, so only the first part - I think basically repeats above
LNG carrier selected for Malta job
comprising lead shareholder Gasol on 30%, Socar Trading with 20%, Siemens Projects Ventures on 20% and Malta’s GEM Holdings with 30%.The group was selected by......|
Good finds, many thanks for posting! Looks good, lets hope for a good future!
|And more...Kobe Steel to supply vaporizers for LNG receiving terminal in MaltahTTp://www.kobelco.co.jp/english/releases/2015/1191146_14516.html|
|No it's not directly relevant but this is.Electrogas Malta places $300m order with Malaysian company to convert old LNG carrier into floating storage unit for DelimaraDeal finally sealed let's hope for some progress.hTTp://www.maltatoday.com.mt/news/national/51853/malaysian_oil_giant_will_supply_283_million_floating_lng_terminal#.VS18UkakrCQ|
|Not sure if this is related..
Full article. I like the last paragraph, lots of potential..
Gasol seeks FSRU for Benin import project
Gasol is in talks with providers of floating storage and regasification units (FSRUs) for an LNG import project it is developing in Benin, West Africa.
Gasol’s senior manager LNG & Business Development, Francis Ugboma, told SMI’s Floating LNG conference that discussions are underway to identify a unit of around 150,000 cbm to 165,000 cbm that can offer a throughput foundation of some 1.2 million tonnes per annum (mtpa). The vessel would be sited in the Port of Cotonou.
Ugboma said that, under original plans, Gasol had considered developing the project by converting an existing LNG carrier into a floating storage unit (FSU). However, he said the company had moved away from this idea following negotiations with suppliers, as potential conversion candidates would likely prove of smaller capacity than the vessels shipping in cargoes.
Gasol plans to bring its Benin import project online in 2017.
The company announced that it has inked a long-term gas-supply agreement with Ghana’s power-generating company, the Volta River Authority (VRA), and the Communaute Electrique du Benin (CEB). It is thought that the imported gas will be used in power-plant projects in Benin and shipped via the West Africa Gas Pipeline to the neighbouring states of Togo and Ghana.
Socar Trading is believed to have been lined up to supply the initial LNG volumes.
Ugboma highlighted West Africa’s need for gas in power generation. In addition to Gasol’s planned floating import terminal for Benin, he cited two projects in Ghana as further evidence.
He also revealed that Nigeria has been conducting a feasibility study to examine the option of shipping in its own exported LNG cargoes. He explained that while this would not be the cheapest option economically, it may prove feasible given the security and risk issues associated with gas pipelines within the country.|
|from Tradewinds again, re Benin,
Gasol seeks FSRU for Benin import project
Gasol’s senior manager LNG & Business Development, Francis Ugboma, told SMI’s Floating LNG conference that discussions are underway to identify a...in the Port of Cotonou.Ugboma said that, under original plans, Gasol had considered developing the project by converting an existing LNG carrier into a...candidates would likely prove of smaller capacity than the vessels shipping in cargoes.Gasol plans to bring its Benin import project online in 2017. The
Sorry cannot get logged on for the full article|