Page 7 - GLNG Week 21 2021
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GLNG AFRICA GLNG
Predator prepares Moroccan FSRU bid
PROJECTS & UK-BASED Predator Oil & Gas has said in an MOU-1 well pad platform and the improvement
COMPANIES update that it is preparing to submit a bid to and extension of access roads to local company
build and operate a floating storage and regasi- Skayavers Sarl. Civil works are anticipated to
fication unit (FSRU) for the importing of LNG start immediately, allowing drilling activity to
in Morocco. begin next month.
The company’s Predator Gas Ventures “The [Moroccan] FSRU project is envisaged
Morocco Branch (PGVMB) subsidiary is pre- to be a much longer-term project that does not
paring to submit the bid in response to a call compete with the company’s short and medi-
for expressions of interest (EoIs) issued by the um-term plans to explore for, appraise and
Moroccan government, with a deadline of May develop gas in its Guercif licence onshore north-
31, 2021. ern Morocco,” Predator stated. “It is potentially
The FSRU project would initially have the a complementary addition to the company’s
capacity to import 1.1bn cubic metres of gas by business development strategy for Morocco to
2025, rising to 1.7 bcm in 2030 and 3.0 bcm in increase both materiality and the potential for
2040, Predator said in a May 24 update. The com- future gas exports to Europe once the domestic
pany cited a proposed FSRU-based LNG import Moroccan gas market reaches capacity.”
project it is also developing in Ireland, saying it The company added that it was continu-
hoped to tap into the know-how gained from ing negotiations on three potential collabora-
its work on that plan to move forward with its tion agreements with European companies in
Moroccan bid. relation to the FSRU concept both in Ireland
Predator already has upstream operations in and Morocco. These could result in further
Morocco and also said in its update that it had announcements in the coming weeks, Preda-
awarded the contract for the construction of the tor said.
AMERICAS
Peru rations gas amid
liquefaction plant outage
PROJECTS & GASES del Pacifico-Quavii, a subsidiary of published on May 13, after Peru LNG went
COMPANIES Colombia’s Promigas and one of Peru’s leading offline, outlined measures to help deal with
natural gas distributors, is rationing supply fol- the outage, including the authorisation of LNG
lowing an outage at the Peru LNG liquefaction imports for 60 days. Indeed, Maal said Promigas
plant, on which it relies for gas. was considering importing LNG from Chile or
Argus Media reported this week that the Ecuador in order to offset the shortage created
company was taking steps to ensure supply con- by the outage.
tinues to 135,000 households that it services in Ecuador is geographically closer, but would
seven cities in northern Peru. be a surprising choice given that it is not an LNG
“We have implemented supply rationing for exporter. Chile’s 1.5mn tonne per year (tpy) GNL
sectors with the highest levels of gas consump- Mejillones terminal, operated by France’s Engie,
tion,” Promigas Peru’s CEO, Miguel Maal, was could be an option as an interim source of sup-
quoted by Argus as saying. “In order to mitigate ply, but also presents a logistical challenge. The
the impacts of this situation, which is outside terminal is relatively close to cities covered by
our control, we have activated a contingency state-owned PetroPeru in southern Peru, but it
plan that prioritises service to households as is nearly 1,833 miles (2,950 km) from Chiclayo,
stipulated by the government’s emergency the northern-most city served by Gases del
decree.” Pacifico-Quavii.
As a result of the rationing, consumption in Peru LNG went offline in early May, owing
the Gases del Pacifico-Quaviito concession has to a problem with one of its compressors. Hunt
fallen to 2mn cubic feet (56,640 cubic metres) Oil, the majority shareholder in Peru LNG with
per day. a 50% stake, said it was working to restore service
The government’s emergency decree, by the end of the month.
Week 21 28•May•2021 www. NEWSBASE .com P7
