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Victoria Oil & Gas Share Chat (VOG)



Share Price: 69.25Bid: 68.75Ask: 69.50Change: 0.75 (+1.09%)Riser - Victoria Oil
Spread: 0.75Spread as %: 1.09%Open: 70.50High: 71.00Low: 68.00Yesterday’s Close: 68.50


Share Discussion for Victoria Oil (VOG)


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GozoMike
Posts: 479
Off Topic
Opinion:No Opinion
Price:56.50
Kribi Wartsila Gensets
29 Jan '15
Demand for gas to power increases.
(Ecofin Fides) - The Kribi Power Development Corporation (KPDC), the company that manages the Kribi gas power plant with a capacity of 216 MW, launched this January 17, 2015 in Douala and on the website of Mpolongwé, consultations public environmental impact study conducted as part of the project to extend the energy infrastructure. According to the statement issued to this effect by KPDC, controlled company Globeleq, consultation will be held from January 27 to February 25, 2015.

This expansion project will increase the production capacity of the gas plant from 216 to 330 MW. The work for which KPDC has already contracted with Finland's Wartsila will cost 65 billion CFA francs, we learn officially. According to our sources, KPDC hopes to complete in the first quarter 2015, negotiations with the International Finance Corporation (IFC) to finance the work.

But in parallel, we learn, discussions are underway between KPDC and Cameroonian banks to mobilize additional financing to complete the expected long-term loan from the IFC.
 
SpaceHoppa
Posts: 984
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (3)
RE: rodlin
29 Jan '15
Dangote are still at the commissioning stage, or so I heard. May be having electrical power problems from the grid!!! Lol
rodlin
Posts: 2,658
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (3)
RE: rodlin
29 Jan '15
Sorry dude, beg to differ, but we'll leave it at that.

We will hear something, one way or the other, sooner or later.
mrJimV
Posts: 8,638
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (3)
rodlin
29 Jan '15
They haven`t told us all the connections that was why a lot of folk were moaning about it , what VOG seem to be doing now is letting us know once they know their average , if I remember rightly VOG has told us they have connected dangote but Dangotes factory wasnt running at the time , now they are waiting on averages , it stops wrong targets ,
rodlin
Posts: 2,658
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (2)
RE: rodlin
29 Jan '15
I hope that is the case and that they are using our gas. However, every other connection, no matter how small, has been subject to an RNS. I find it odd that Dangote, which is expected to be a reasonable consumer, would prove the exception!!
mrJimV
Posts: 8,638
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (2)
rodlin
29 Jan '15
I have heard they are up and running
rodlin
Posts: 2,658
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (2)
RE: Dangote
29 Jan '15
Zilch, otherwise we would have had an RNS telling us Dangote was connected and taking gas.
ASBURYJUKES
Posts: 3,056
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (3)
RE: re 6p club
29 Jan '15
blackpuss
on the subject of PB, in his absence I'd like to keep up standards and point out a spelling mistake; it's stratosphere. Naughty blackpuss, 100 lines.
mrJimV
Posts: 8,638
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:56.50
View Thread (2)
Dangote
29 Jan '15
wonder how many tonnes of cement Dangote has produced this month , could be 50k tonnes as they were wanting to do 1mill tonnes first year ramping upto 1.5mil tonnes after that
jointhedots
Posts: 170
Off Topic
Opinion:Strong Buy
Price:55.50
ENEO rollout
29 Jan '15
I suspect the rollout of Bassa and Logbaba will be staged with banks of Generators powered up and commissioned progressively over the next couple of months.

It is highly unlikely that ENEO will want a grand start-up day with all the risk of hiccups, they'll most likely use them immediately to alleviate problem.

I think as soon as the contractor gets the first Generators to site VOG will provide an update, and then they can follow up with rollout progress reports.

The scale of the undertaking and significance to VOG makes it worthy of regular updates, it is a game changer.





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