Page 11 - DMEA Week 01 2023
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DMEA                                      REFINING & FUELS                                            DMEA



       Eni to deploy, install second FLNG




       unit at Marine XII offshore ROC






            AFRICA       ITALY’S Eni said on December 22 that it had   Djeno (CED), which account for the majority of
                         arranged to deploy and install a second float-  ROC’s electricity production. It is now looking
                         ing LNG (FLNG) unit at the Marine XII block   to expand into LNG exports to increase its rev-
                         located offshore Republic of Congo (ROC).  enues and meet energy demand in Europe. ™
                           The Italian major acquired the first unit – the
                         Tango FLNG, which has a production capacity
                         of 600,000 tonnes per year (tpy) – for Marine XII
                         last August. However, the second unit will be a
                         newbuild FLNG of a considerably larger size.
                           Eni explained in a statement that it had
                         signed a contract with China’s Wison Heavy
                         Industry for the construction and installation of
                         an FLNG unit capable of liquefying 2.4mn tpy
                         of natural gas.
                           When finished, the vessel will be around
                         380 metres long and 60 metres wide. It will also
                         be capable of storing more than 180,000 cubic
                         metres of LNG and 45,000 cubic metres of LPG.
                           The second FLNG is slated to begin operat-
                         ing in 2025. Together with Tango FLNG, which
                         is due to begin production later this year, it will
                         raise Eni’s LNG production capacity at Marine
                         XII up to 3mn tpy.
                           The statement did not disclose the value of
                         the Italian major’s contract with Wison. It did
                         report, however, that work on the new FLNG
                         was already underway. “Preliminary activi-
                         ties have already started, with long lead items
                         ordered and steel cut of cryogenic tanks [occur-
                         ring] on December 20,” it said.
                           Eni will be installing the FLNG units at
                         Marine XII within the framework of a plan to
                         monetise the block’s natural and associated gas
                         reserves. The company already pipes gas from
                         its offshore fields to shore for use at two onshore
                         thermal power plant (TPPs), Central Électrique
                         du Congo (CEC) and Central Électrique du   Gas from Marine XII is already being used to generate power in ROC (Image: Eni)




       Substantial cuts in motor fuel prices




       bring relief to South African motorists






            AFRICA       MOTORISTS in South Africa can expect some   Energy Fund (CEF), the Automobile Associa-
                         reprieve this month following the announce-  tion of South Africa (AA) says retail prices for
                         ment of a substantial decrease in fuel prices from   both grades of gasoline will drop by around
                         January 4, the local media outlet Independent   ZAR1.85 (about $0.11) per litre, while diesel
                         Online (IOL) reports.                will drop by ZAR2.47-2.59/l and illuminating
                           Commenting on data from the Central   paraffin by around ZAR1.93/l.



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