Gasol plc, the West African energy development company, is pleased to announce that its affiliate, African Power Generation Limited (AfGen), has signed a Memorandum of Understanding with Ghana National Gas Company Ltd (Ghana Gas).
The MOU is in relation to the development of a number of specific projects aimed at providing additional gas to Ghana, as well as supporting, in a complementary manner, the longer term security of gas supply needed to address the nation’s power generation deficit.
Under the MOU, AfGen and Ghana Gas propose amongst others to explore the establishment of various joint venture arrangements for the supply of imported natural gas, into Ghana as well as the downstream sale and marketing of gas to power generators and industrial/mineral processing enterprises in Ghana.
Gasol has already previously entered into similar arrangements for the marketing of natural gas in other West African countries, including Benin and Togo, and will work with AfGen to create a strategic and mutually supportive partnership with Ghana Gas.
Alan Buxton, Chief Operating Officer at Gasol, said, “We are very pleased that Ghana Gas has agreed to explore collaboration with AfGen in a broadly defined partnership, including the importation and supply of non-indigenous gas to customers in Ghana, thereby assisting in bridging the Ghanaian gas deficit for power generation, serving industrial/mining users and assisting in progressing the Government of Ghana’s Better Ghana Agenda.”
“We look forward to developing the relationship established which is a platform for building a mutually beneficial and long term partnership.”
Afrox is forging ahead with its plans to establish a 150 tonnes-per-day ASU (air separation unit) in Port Elizabeth, to service customers across the Eastern Cape region. This investment of approximately R300-million was recently approved by the board and is in response to current and future customer and industry ...
Gasol plc, the West African energy development company, is pleased to announce that it has entered into an unsecured convertible loan agreement with Socar Trading S.A. (“STSA”). STSA is the international marketing and development arm of SOCAR, the State Oil Company of Azerbaijan.
A landmark agreement has been signed between Air Products South Africa and Sasol Chemical Industries, which will see Air Products purchase the Sasolburg A2100 air separation unit (ASU), and simultaneously commence with a new long-term supply agreement.
At a time when the Southern and pan-African mining and engineering sectors are facing many challenges, companies are looking for suppliers which can offer them the widest and most robust range of products to assist them in addressing the challenges that they face.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.