Gasol Share Discussion Threads

[bronislav] 29/7/2013 07:49

Should be a steady flow of news up to year end .infrastructure ,pricing of gas .procurement of LNG vessel,dredging of harbour.......lukman is high profile and has the contacts and the respect of his peers to be able to get deals signed off .Although this has been a long journey at last I think we can see value .

[teraferma] 29/7/2013 07:24

Looks like the best of both worlds. Meyer to remain as strategic advisor and lukman as chairman who has unrivalled connections in west Africa.

[derektrade33] 29/7/2013 07:05

TIDMGAS
RNS Number : 3036K
Gasol plc
29 July 2013
Gasol plc
("Gasol" or the "Company")
BOARD CHANGE
Appointment of former OPEC Secretary General as Chairman
Gasol plc, the West African energy development company, announces that Cornelia Meyer has notified the Company of her intention to step down from the Board on 01 August 2013. The Board is pleased to announce that Cornelia has agreed to act as Strategic Adviser to the Gasol Board going forward.
It is intended that Dr. Rilwanu Lukman KBE, 74, will assume the role of Chairman from 01 August 2013. Dr. Lukman is currently a director of Ivanplats Limited, International Mining and Infrastructure Corporation plc and R Lukman & Co. and is a member of the supervisory board of Dietsmann N.V. Dr. Lukman was a founder of Afren PLC and served as its Non-Executive Chairman from November 2006 to December 2008. Dr. Lukman also served as Strategic Advisor to the Board of Gasol from July 2007 to December 2008.
Dr. Lukman has more than 40 years of experience in the petroleum and mining industries, and has relevant relationships at the most senior levels around the world. Dr. Lukman has served as Nigeria's Minister of Mines, Power and Steel from January 1984 to December 1985, Minister of Petroleum Resources from January 1986 to December 1989, Minister of Foreign Affairs from December 1989 to October 1990, and Chairman of the Board of Directors of the National Electric Power Authority (NEPA) from March 1993 to December 1994.
He has served as Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) from January 1995 to December 2000 and President of OPEC from March 1985 to December 1989.
He is the founder of the African Petroleum Producers Association and served as its Chairman from March 1986 to March 1987. Dr. Lukman received a Bachelor of Science (Engineering) in Mining from the University of London, a Postgraduate Certificate in Mining & Mineral Exploration from the University of Mining & Metallurgy, Leoben, Austria, a postgraduate certificate in Mineral Economics from McGill University, Montreal and a Ph.D in Chemical Engineering from the University of Bologna, Italy. He also holds a Doctorate degree from the University of Maiduguri in Nigeria and is a Fellow of the Imperial College London. Dr. Lukman holds a Doctor of Science Degree from Ahmadu Bello University, Zaria and two Honorary Doctorate degrees from Moore House College, Atlanta and the University of Benin respectively. Dr. Lukman was made a Knight of the British Empire (KBE) in 1989, an Officer of the Legion d'Honneur of France in 1990 and is a Commander of the Federal Republic of Nigeria (CFR).
Save as set out above, there is no information to be disclosed under paragraph (g) of Schedule 2 to the AIM Rules.
Cornelia Meyer said: "I am delighted to see Dr. Lukman take over from me as Chairman of the Board. He is extremely well placed to drive the evolution of Gasol into its next phase. His lifelong experience within the oil & gas sector in Africa, as well as his seniority, will give the company the leadership and insight it needs."
Dr. Lukman said: "I am very pleased to be joining the Board of Gasol as Chairman. On behalf of the present Board members, I would like to thank Cornelia for her great work over the last year and look forward to working with her in her new role as Strategic Adviser."
For further information, please contact:

Gasol plc
Alan Buxton, Chief
Operating Officer +44 (0) 20
www.gasolplc.com 7290 3300
Panmure Gordon (UK)
Limited
Dominic Morley (Corporate
Finance)
Callum Stewart (Corporate +44 (0) 20
Finance) 7886 2500
Adam Pollock (Corporate
Broking)

Yellow Jersey PR Limited
Dominic Barretto +44 (0) 20
Anna Legge 3644 4087
Notes to Editors:
About Gasol plc
Gasol plc's strategy is to provide African gas for the next generation. Power stations in West Africa currently operate predominantly on liquid fuels such as diesel, light crude and jet fuel, but many of these plants are also capable of using gas. Gasol will initially supply these customers with gas from regasified Liquefied Natural Gas ("LNG"), which can provide significant cost savings in the order of 20 to 30 per cent. This involves the delivery of LNG to leased Floating Storage and Regasification Facilities, which will be positioned in Cotonou harbour, Benin and will supply the regasified LNG into the West African Gas Pipeline. The West African Gas Pipeline is a 678km gas pipeline involving an investment of over US$1 billion, built to transport gas from Nigeria to Benin, Togo and Ghana which has been operational since March 2011, but today operates at significantly less than full capacity . Once there is sufficient regional demand for gas, Gasol aims to develop captive gas reserves in offshore Nigeria and will supply this gas through the West African Gas Pipeline. This pipeline gas will be cheaper and therefore displace the LNG derived gas, resulting in further savings for customers.
Gasol's shares have been listed on London Stock Exchange's AIM since 2005 with the ticker code "GAS". Further information on the Company is available at www.gasolplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END

[teraferma] 17/7/2013 23:38

Worth a read. First gas in 2015.

[bronislav] 16/7/2013 12:43

interesting read investor52.cheers.

[bronislav] 11/7/2013 17:42

cmon alan .we could do with a progress report.thank you.

[bronislav] 11/7/2013 17:42

cmon alan .we could do with a progress report.thank you.

[savo2] 10/7/2013 16:54

Still waiting for some news! Come on Gasol enlighten us!

[bronislav] 24/6/2013 10:26

savo.alan buxton seems a good egg and i had a personal email from him a while ago answering my questions where he could .Ihave been impressed by him and his team and the progress up to now.Long may it continue.

[savo2] 20/6/2013 18:14

Can't be far off now

[bronislav] 20/6/2013 15:14

cmon alan give us some of that news.

[bronislav] 16/6/2013 21:22

Newsflow should be ramping up soon .Once all the pieces are in place I think we will see a rapid move to start the gas delivery .storage and regasification process .The necessary infrastructure needed for delivery to the wagp will also be started as soon as .The company hopes to get gas moving in 2014 so time is moving on...Eventually the market will see the potential,the potential seen by the provider of the 100 million bond facility.gla

[bronislav] 06/6/2013 09:52

Good interview with the expectation of news over the next few weeks.

[ceohunter] 06/6/2013 08:49

video interview
Gasol making 'substantial progress' in Benin on LNG plants

Alan Buxton, COO of Gasol (LON:GAS), tells Proactiveinvestors that there has been recent progress with a number of milestones having been reached which was behind the 40% rise in shares. Alan says investors should now watch out for news on the completion of the project documents which will then allow the company to move towards the financing of the scheme

hxxp://www.proactiveinvestors.co.uk/companies/stocktube/2030/gasol-making-substantial-progress-in-benin-on-lng-plants--2030.html

[daicaprice] 03/6/2013 07:55

Think we were tipped in RHPS this weekend, could see a bit of movement.

DC

[savo2] 22/5/2013 18:25

All quiet! Some news would be welcomed!

[moreforus] 01/5/2013 07:29

Yep well connected !

[savo2] 01/5/2013 07:28

Looks a good appointment.

So more news would be nice now.

[bronislav] 01/5/2013 07:13

New fellow on board.

[mikezen] 29/4/2013 16:26

All too busy fittin out the new deli purchased with the last loan money.

[cezary] 29/4/2013 08:56

Very quiet here!! And no news from the company. An update would be welcome!

[savo2] 08/4/2013 09:54

Gone a bit quiet? What news do you think we can expect next?

[plunge] 24/3/2013 09:43

The latest edition of Shares Magazine has a buy recommendation for this stock.