Genel Energy will issue its interim management statement for the third quarter on 13 November. Genel will host a capital markets day for analysts and investors in London on the same day, starting at 1400 (GMT).
A live webcast will be available on the website (www.genelenergy.com), and will be available for download with the presentation shortly afterwards.
At 9:08am: [LON:GENL] Genel Energy share price was -14.25p at 675.75p
Enough of this BS! I live in the Middle East and can tell you that this type of news is never first announced over the radio !
A 'friend' heard it from 'expats' who heard from a 'work colleague' who heard from a 'Radio'! How convenient! These type of rumors do not benefit anyone except those that spread them! Where are the stock market regulators?
Kulczyk is to build new gas pipelines, which they supply Ukraine?
16-10-2014 06: 55 am
Polenergia wants to build a new gas connection on the border of the German-Polish and Polish-Ukrainian, so that Ukraine would be able to receive in the future billions of cubic meters of gas from the West. The company wants to implement the project with the Ukrainian Naftohaz.
Polenergia is a company that, among other things. the construction of wind farms and the provision of biomass fuel. The company wants to invest in the construction of gas pipelines and gas connections on the Polish border with Germany and Ukraine that Kiev will be able to buy large quantities of gas to the West. Ukraine currently buys relatively small amounts of gas to the EU, which are delivered using among others. Polish gas pipelines.
He says the company's Vice President of Radosław Dudziński, from June this year, the company has partnered with Naftohaz. "The idea that we have achieved together is to create a gas corridor West-East. As part of this corridor we want to more strongly connect Ukraine with the European gas system. This creates new opportunities for new LNG terminal in Świnoujście, because the Ukrainians do not hide that they are interested in the gas supply at the level of 8-10 billion cubic meters. This is a project that will be beneficial for all, "said PAP during the Baltic Business Forum.
Cost of the project is estimated at 440-460 million euros. "We want to build a natural gas pipeline that will connect the German gas network in the vicinity of Berlin through the Polish-German border with Poland, in the vicinity of the gas network Świnoujście. The second pipeline will run from the Drozdzowicz on the Polish-Ukrainian border to Ukraine's gas network in the vicinity of the underground gas storage Bilche Zolote-Wolica, "he explained. The magazine is able to accommodate 17 billion metres six. gas.
As he added the bandwidth of the German-Polish gas pipeline will be on level 5 billion feet six, and Ukrainian-8 billion yards six. expandable to 10 billion metres six. In turn, the Polish to Germany will be able to send 3 billion cubic meters a year.
He added that Polenergia is ready to sell Polish Poland connections episode-Germany-Gas system. "For this reason, that the Polish law says clearly-in Poland operates one transmission system operator," he explained.
In his opinion the realization of investments will increase the safety of Polish gas as well, which will be able to use Ukrainian gas storages for the collection of raw materials there. "It will improve the Polish negotiating position when in the future you will need to sit down to the table and negotiate what next after jamalskim contract-will there be a new contract with Gazprom and under what conditions," he pointed out.
Dudziński believes that the gas pipeline Poland-Germany co
No closed sadly! If only i'd kept it open a bit longer as a i would have fluked the fall driven by the falling oil price palava! Have bought back in over last few days for a slightly smaller stake than original position. Shame i hadn't waited until today! Gave myself a good talking too about feeling too negative about all that might happen and decided the punt was worthwhile. Would feel much better if the company communicated with its shareholders more frequently rather than these long silences. Clear they can't give us minute by minute updates, but general sighters would be welcome in these market conditions.
A friend of mine working in Saudi was involved in a converstaion with ex pats. one of the participants mentioned that oil had been found offshore Morocco very recently..........a work colleague had heard the story on mid east radio .........Could this be Genel or does anyone know of other drilling offshore Morocco?..
my answer.. no there isn't any just genel/sle/serica ca ca ca..3 intervals.....300/700mmboe recoverable.......if its a hit its worth a fortune to sle........good luck boys..links
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.