Page 14 - AfrOil Week 11 2021
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AfrOil PROJECTS & COMPANIES AfrOil
“We have come to the market to reduce the high was processing 10,000 bpd of crude oil supplied
prices of fuel,” he was quoted as saying by Radio by Greater Pioneer Operating Co. (GPOC), the
Tamazuj. consortium that is developing Blocks 1, 2 and
Thus far, the plant has only turned out three 4 in the Ruweng autonomous area, which lies
truckloads of heavy residual fuel oil. But it is north of Unity State. He also indicated that the
due to begin producing diesel, as well as small joint venture had experienced some difficulties
amounts of gasoline, in the near future. In the with respect to ensuring adequate deliveries of
meantime, it will focus on establishing itself feedstock to the new plant.
as a reliable supplier of residual fuel oil for the “Yes, there are challenges. One of the chal-
domestic market. lenges is transportation and storage capacity.
“Having three trucks of heavy fuel oil in Juba Nilepet is doing well and has been preparing to
means that all our hopes have been energised face this situation,” he said, without elaborating.
again. We have the issue of power, and you know Bentiu began work on its refinery in August
this product is mainly used for power genera- 2013 and was able to begin test production the
tion,” Malong said. “Our aim ... is to tell the world following year. However, South Sudan’s civil
that we are able and we managed, despite the war prevented it from starting commercial
political situation we have been going through.” operations – and also resulted in damage to the
Malong went on to say that Bentiu’s refinery facility.
Tema LNG to receive its first cargo soon
NIGERIA GHANA’S Institute of Energy Security (IES) If natural gas supplies could be supplemented
has urged officials in Accra to withdraw their with associated gas, Ghana would not need to
endorsement for plans for the construction of import LNG, the report argued. It also urged
an LNG import terminal at the port of Tema. officials in Accra to consider proposals for using
In a report published last week, IES asserted associated gas as feedstock for the production of
that Ghana had the ability to meet its own needs LNG that could be exported to other countries
with domestic production and did not need to in the reason, speculating that this arrangement
import natural gas. It recommended specifically might prove more profitable than imports via
that the country make more extensive use of the the Tema LNG terminal.
associated gas that it extracts from its oilfields. Fritz Moses, a research analyst at IES, stressed
At present, the report noted, associated gas this point in an interview with Citi Business
accounts for more than 59% of Ghana’s total News. “We already have excess gas being pro-
gas output, or around 68mn cubic feet (1.93mn duced in the western region, and when you are
cubic metres) per day. Most of these volumes are importing more gas at an extra cost, that means
being flared off or re-injected into oil reservoirs you are putting extra burden on the country’s
rather than transferred to Ghana National Gas finances,” he asserted. “What we are suggesting
Co. (GNGC) for domestic consumption, it said. is that there should rather be a liquefaction unit
By contrast, IES pointed out, GNGC han- at Tema because that is the easiest point where
dles most of the country’s natural gas output. we can reach other countries and where we can
This includes gas from three commercial fields, have [surplus] gas ... processed into a liquid form
which turn out around 44 mmcf (1.25 mcm) per and transported to other countries [that] need
day, or about 38% of total production, it said. gas.”
A jetty has been been to accommodate TLTC’s FRU and FRU (Image: Helios Investment Partners)
P14 www. NEWSBASE .com Week 11 17•March•2021

