GEEC has released a trading statement in advance of its H1 results to the end of September which are expected out in the coming weeks. This reports that sales of gas to the company’s largest offtaker (the state-run SAIL ISP steel plant) have been lower than expected in the first half due to operational issues at the offtaker’s facility. These are now being resolved with works expected to conclude by the end of November. Nevertheless GEEC now expects its results to miss market expe
19 Oct 2015
Trading Update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Trading Update
- Published:
19 Oct 2015 -
Author:
Daniel Slater -
Pages:
3
GEEC has released a trading statement in advance of its H1 results to the end of September which are expected out in the coming weeks. This reports that sales of gas to the company’s largest offtaker (the state-run SAIL ISP steel plant) have been lower than expected in the first half due to operational issues at the offtaker’s facility. These are now being resolved with works expected to conclude by the end of November. Nevertheless GEEC now expects its results to miss market expe