Page 7 - AfrOil Week 49 2022

AfrOil PIPELINES & TRANSPORT AfrOil

The MoUs were signed in Rabat on December 5 (Photo: Twitter/@nnpclimited)
“NNPC Ltd will facilitate the continuous sup- Following Russia’s invasion of Ukraine in Feb-
ply of gas and provide other enablers such as the ruary 2022, European policymakers have been
required land for the first compressor station to seeking alternative sources of energy to replace
be deployed in Nigeria, which is among the 13 Russian fossil fuel imports.
stations earmarked along the pipeline route,” As Africa possesses significant amounts of
Kyari said, according to the Nigerian outlet natural gas, the new pipeline would enable the
Nairametrics. continent to become a reliable supplier to the
Once completed, the gas pipeline project EU, potentially reducing Europe’s dependence
could have significant global implications. on Russian energy. ™

South Korea’s HSHI begins building

new Suezmax tanker for Sonangol

ANGOLA HYUNDAI Samho Heavy Industries (HSHI)
of South Korea has begun building a new Suez-
max-size oil tanker for Sonangol, the national
oil company (NOC) of Angola, according to a
report from ANGOP.
Sonangol revealed recently that HSHI had
marked the start of construction work on the
tanker, the second vessel it has been contracted
to build for the NOC, with a ceremony on
November 28.
The event began with the cutting of the
steel for Hull 8021 at HSHI’s company’s yard in
Mokpo, South Korea, it said.
The ceremony was attended by a delegation
from state-owned Sonangol, with Luís Manuel,
the chairman of the executive commission of the
company’s trading and shipping business unit,
serving as the head of the team. Manuel said
during the event that he had been greatly satis- The new tanker is due to be completed in September 2023 (Photo: ANGOP)
fied to conclude the steps of the deal that had led
up to the start of construction. due to be completed in September 2023.
When finished, Sonangol noted, the new HSHI is serving as the lead contractor for
Suezmax tanker will be 274.8 metres long, 48 construction of the ship, the NOC said. It also
metres wide and 23 metres high. It will be capa- reported that SeaQuest Marine (Singapore) was
ble of carrying 1mn barrels of crude oil and is supervising work on the project.

Week 49 08•December•2022 www. NEWSBASE .com P7