New-look Gasol
Issue 245
- 13 Dec 2012
| 1 minute read
Gasol was founded in 2005 at the same time as Afren, but where Afren has expanded into a company with a $2bn market capitalisation, Gasol has failed to progress. The original strategy involved liquefying and exporting gas from Equatorial Guinea and Nigeria, but this failed to take off, in part because of the high cost of processing compared to the market price of LNG.
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