Gasol Share Discussion Threads

[teraferma] 25/6/2015 23:36

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

[teraferma] 07/5/2015 23:28

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

[racinglad] 17/4/2015 11:20

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......

[racinglad] 15/4/2015 11:05

Hi Teraferma

Good finds, many thanks for posting! Looks good, lets hope for a good future!

Racinglad

[teraferma] 14/4/2015 21:53

And more...Kobe Steel to supply vaporizers for LNG receiving terminal in MaltahTTp://www.kobelco.co.jp/english/releases/2015/1191146_14516.html

[teraferma] 14/4/2015 21:48

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

[htrocka2] 09/4/2015 20:55

Not sure if this is related..

[teraferma] 27/2/2015 13:16

Thanks racinglad.

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.

[racinglad] 27/2/2015 10:51

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

[racinglad] 16/2/2015 07:17

Many thanks, another good find. Project is progressing!

[teraferma] 13/2/2015 08:27

No problem, I'm suprised that the company doesn't announce these landmarks on their website.

Here's another one..

Elderly Japanese LNG ship set for Malta FSU business

[racinglad] 11/2/2015 19:07

Teraferma
Many thanks for the article

[teraferma] 11/2/2015 18:14

Further progress in Malta

Siemens announces €175 million order for Malta power station gas plant

[buggy] 14/1/2015 01:06

My gamble here may turn out to be a nice little earner in about 2 years.

[teraferma] 13/1/2015 21:55

ElectroGas in €125 million deal with Greeks for LNG planthttp://www.maltatoday.com.mt/news/national/48372/electrogas_in_125_million_deal_with_greeks_for_lng_plant#.VLWT0GQgGc0

[teraferma] 24/11/2014 07:13

This should see some progress in maltaAn "interlocking agreement" has been reached between Enemalta, the Electrogas consortium and Shanghai Electric, Energy and Health Minister Konrad Mizzi said during a public consultation meeting today.http://www.independent.com.mt/articles/2014-11-22/local-news/Interlocking-agreement-reached-between-Enemalta-Electrogas-and-Shanghai-Electric-Konrad-Mizzi-6736126151

[teraferma] 13/11/2014 15:41

Still have all mine. If Gasol can sort out funding issues, I can't see any reason why it can't be a mid sized company within 5 years.

I am led to believe that financial completion will be announced on the malta lng deal by the end of month. This will end months of uncertainty and hopefully allow the project to move forward. (currently way behind schedule)

With regards to Benin, not a lot has happened (as far as I am aware). i believe that there are ongoing negotiations with WAGP co with regards to Gasol utilising the spare capacity of the pipeline to deliver LNG to benin and beyond. Once this is complete, hopefully this can also progress.

IMO, tuck these away for a few years and you might by pleasantly surprised.

[racinglad] 13/11/2014 11:14

From what I understand, most private investors held their shares. In fact the price rose approaching the de-listing, which would indicate that more investors wanted to get aboard whilst they could. Certainly there did not appear to be a 'dump' of shares!

[votich] 13/11/2014 08:54

After delisting I retained my shares purchased through a nominee account (III) and obtained a share certificate. The registrars advised they will keep details and can advise brokers who may be able to facilitate a trade.

I do not have enough shares to be too concerned however would be interested to know how many other private investors retained their shares. Could be worth some joint representation, sure we all saw some value in this and disappointed if not sharing in future success.

[teraferma] 13/11/2014 08:43

No market delisted from AIM, are you looking to sell?

[foxx999] 07/11/2014 16:07

Anyone know the market on this at the moment, if there is one.

[teraferma] 07/10/2014 10:24

Bronislav,

I agree with Gasol having the potential to become a mid-sized company, but they have yet to show any ability to progress their import projects to anywhere near completion. However I held on to all my shares.

It's all gone very quiet with regards Electrogas, no progress it seems, completion date was set at March 2015, I think March 2016 is now extremely unlikely, with rumours the other parties involved (Siemens, Socar etc) yet to assign any finance to the project.
My feelings are that since Gasol are not regulated by AIM, news flow will become less and PI's insignificant.

[bronislav] 06/10/2014 20:10

Terraferma....I am guessing people are left with a bad taste although plenty bought in on the last couple of days before delisting ...my view is Gasol will become a reasonable size company turning over a nice profit eventually ...