Gasol to provide gas to Benin and Togo

COGAZ, the joint venture formed by Gasol, the West African energy development company, and BenGaz, a company based in Benin, is to supply gas to Communaute Electrique du Benin, (CEB) the electric authority for both Benin and Togo.

COGAZ, the joint venture formed by Gasol, the West African energy development company, and BenGaz, a company based in Benin, is to supply gas to Communaute Electrique du Benin, (CEB) the electric authority for both Benin and Togo.

COGAZ intends to station a floating storage regasification unit in the harbour at Cotonou, together with the necessary mooring and infrastructure to enable the delivery and supply of liquefied natural gas to customers in Benin and Togo, including CEB. The necessary financing arrangements for the project will be put in place by Gasol in due course.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.