Page 13 - DMEA Week 16 2021

DMEA NEWS IN BRIEF DMEA

was projected to have a production capacity of Spain and Portugal, came in second place, platform.
100,000 barrels of crude per day. importing 4.3 bcm of natural gas from The LEN Consortium will enable Sasol
The Lobito refinery (Benguela), which is Algeria. Volumes were up 122% y/y with the to work with world-class partners on
considered to be a high conversion facility, north African country’s market share growing the opportunity, employing its extensive
will have a production capacity of 200,000 to 47% of the total market in the first quarter experience to produce liquid fuels and
barrels per day and will cover an area of 2021, up from 21% in the first quarter of 2020. chemicals with Fischer-Tropsch (FT)
around 150 hectares. Increasingly Algeria has been diversifying technology.
It is expected to produce unleaded its natural gas export markets away from SAF is key to decarbonising the aviation
gasoline, diesel, Jet1 (aviation fuel), lamp oil, a southern Europe and towards Asia, led by sector, which is widely viewed as one of
limited amount of sulphur and coke. China and Bangladesh. the most challenging sectors in which to
The Luanda refinery, which is currently BNE reduce greenhouse gas emissions. SAF
being modernised and optimised, will have production employs a Power to Liquid
a production capacity of 450,000 tons of Bahrain’s BAPCO cuts (PTL) process, which relies on the supply
gasoline per year, as compared to 72,000 tons of a sustainable carbon feedstock (biomass
currently, after the project is concluded in bitumen prices or other unavoidable industrial carbon
2022. dioxide sources) and the production
For the 2021 financial year, UNEP, with Bahrain’s state-owned refiner BAPCO has cut of green hydrogen through electrolysis
regard to exploration, has planned to acquire its bitumen prices by $10/t for the first time in using renewable energy. The carbon and
1,500 square kilometres of 3D seismic in each 11 months, in line with a recent slide in Asian hydrogen are converted to synthesis gas, a
operated Block 5/06 and 27. prices. mixture of carbon monoxide and hydrogen,
UNEP will likewise re-launch onshore The producer yesterday reduced its listed which in turn is converted to longer chain
activity in four blocks operated by it, one of prices to $395/t fob Sitra, effective from today. hydrocarbons for the production of jet fuel or
the main assets being Block 3/05, where a This is the first cut to its prices since the SAF via the FT process.
revitalisation programme is underway, with last week of May 2020 when prices were at The H2Global platform has developed a
the aim of not only increasing production but $180/t. Prices have since risen by 125pc to hit framework for double auction systems for
also improving the integrity of the facilities $405/t in the third week of March 2021. required projects to produce green hydrogen
which have over 35 years of production The price drop is in line with a recent fall and its derivatives, as well as the importation
history. in benchmark fob Singapore prices from a of the resulting products into Germany.
ALL AFRICA near two-year high of $437.50/t on 19 March. H2Global will enable green hydrogen projects
Expectations of an increase in supplies from to be established in designated countries, such
Singapore-based refiners in May have pushed as South Africa.
FUELS discussion levels down in the past couple of Sasol, as a global leader in FT technology,
weeks. licensing and operations, is exploring the
Algeria’s natural gas bitumen price for the week ending 9 April at feasibility of SAF production at its Secunda
Argus assessed the ABX1 fob Singapore
Synfuels plant with its consortium partners.
exports increase $417.50/t fob Singapore. The project would leverage Sasol’s existing
facilities, deep technical know-how in the
ARGUS
Algeria’s natural gas exports increased year on FT process and downstream processing
year in the first quarter (January-March) of Sasol to explore potential of capabilities.
2021 driven by strong demand from clients in “Action on climate change is central to
the northern Mediterranean region, Algerie cleaner aviation fuels Sasol’s strategy, and we continue to take
Presse Service reported citing a statement by significant steps to reduce greenhouse gas
Sonatrach, the national hydrocarbons giant. Sasol Ltd (Sasol) today announced it will work emissions generated in our production
Natural gas exports to Italy more than alongside a consortium comprising Linde processes,” said Fleetwood Grobler, Sasol
doubled, growing by 109% y/y to 6.4bn cubic PLC (Linde), ENERTRAG AG (ENERTRAG) President and CEO.
metres in the first quarter of 2021, expanding and Navitas Holdings (Pty) Ltd (Navitas) – Grobler added: “The decision to
Algeria’s share of the Italian natural gas market the LEN Consortium – to bid in concept explore the creation of a SAF production
to 35%, up from 16% in the comparable for the production of sustainable aviation demonstration facility at our Secunda
quarter in 2020. fuel (SAF) under the auspices of the German Operations is aligned with our long-term
The Iberian Peninsula, which comprises Federal Government’s H2Global auction decarbonisation strategy. Green hydrogen

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