Page 13 - DMEA Week 33 2022

DMEA TERMINALS & SHIPPING DMEA

The conversion project is being carried out in Singapore’s Keppel Shipyard (Image: Golar LNG)

This amounts to $151mn in adjusted annual The GTA block straddles the maritime bor-
EBITDA (earnings before interest, taxes, depre- der between Senegal and Mauritania. It con-
ciation and amortisation), the second-quarter tains around 15 trillion cubic feet (425bn cubic
statement said. metres) of gas, enough to support an export-ori-
The FLNG will support the production of ented LNG project as well as pipeline deliveries
2.5mn tonnes per year (tpy) of LNG from Phase to Senegal’s domestic market.
1 development operations at GTA. It will be Kosmos Energy (US) discovered gas at the
installed at the offshore gas hub now under con- block in 2015 and then teamed up with BP,
struction at the block and connected to a float- which assumed the operatorship, for the project
ing production, storage and off-loading (FPSO) in 2016. The two companies made an FID on
vessel via pipeline. Phase 1 in late 2018. ™

PETROCHEMICALS
Sonangol head expects NGC’s production

to support domestic fertiliser production

AFRICA SEBASTIÃO Gaspar Martins, the president and
CEO of Angola’s national oil company (NOC)
Sonangol, has said he expects the launch of the
country’s first non-associated gas project to sup-
port the operation of gas-based industries such
as fertiliser production.
In remarks broadcast by Rádio Nacional de
Angola (RNA) on August 12, Martins said the
development of the Maboqueiro and Quiluma
offshore fields would boost Sonangol’s bottom
line while also contributing to economic diversi-
fication. The project is designed to increase LNG
exports by making more feedstock available to
the Angola LNG plant, but it will also benefit the
local economy, he noted.
“It is an increase in revenue for Sonangol
and, on the other hand, it allows other develop-
ments in projects such as fertilisers, for example, NGC’s gas production will be exported and utilised locally (Photo: ANPG)
in which we are also involved, to begin to take
shape and which will allow the diversification product, which is natural gas.”
of the economy,” he said, in remarks quoted Martins did not discuss the details of Sonan-
by RNA. “In the case of agriculture itself, [the gol’s plans for using gas to support fertiliser
economy] can benefit from a very important production.

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