Historically, international oil companies have tended to neglect smaller-scale gas finds in West Africa, although large-scale resources of associated and non-associated gas have been developed to supply traditional land-based multi-train liquefaction plants. Following the recent disintermediation within the industry, Gasol is working with strategic partners to unlock the value in smaller deposits by aggregating their reserves.

Gasol has brought together a management team with substantial experience of the gas sector and LNG in particular. Between them they have worked for some of the industry’s most successful companies, such as Shell, BG Group, Nigeria LNG and Egyptian LNG.

The Board is privileged to have access to the invaluable expertise and relationships of its Strategic Advisors and their extensive experience in developing gas opportunities in Africa.

Gasol takes particular pride in its understanding of and respect for the culture of the countries in which it operates, and seeks to ensure that its business is conducted with a view to sharing the commercial benefits.

We will be working closely with host governments and communities to align our business to local priorities; for example, gas will be available to domestic power sectors as well as for supplying LNG export markets.

Gasol is exploring innovative technologies designed to exploit smaller gas fields. These include the new, smaller-scale liquefaction technologies and floating liquefaction units, which can facilitate commercial liquefaction at a lower threshold of proven gas reserves than heretofore. 

Gasol has already successfully developed relationships and alliances with companies along the value chain, including utility majors, national oil and gas companies, and other independents.

These include partnerships with E.ON Ruhrgas AG, Electricite de France and Teekay Corporation, all leading companies in their own fields.