Page 8 - GLNG Week 18 2021
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GLNG AFRICA GLNG
Tema LNG now expecting to
receive first cargo by end-May
PROJECTS & TEMA LNG Terminal Co. (TLTC), the owner as the Vasant, is currently en route to the port of
COMPANIES of the Tema LNG terminal offshore Ghana, Tema. Both vessels will be moored at a new jetty
is reportedly on track to receive its first cargo built by West Africa Gas. The Torman is capable
within the next few weeks. of handling 1.7mn tonnes per year (tpy) of LNG,
A spokesman for TLTC, which is owned and the Vasant will boost the facility’s total stor-
by UK-based Helios Investment Partners and age capacity to 145,000-160,000 cubic metres.
Africa Infrastructure Investment Managers, Shell will use the terminal to supply LNG
told S&P Global Platts earlier this week that the from Nigeria to GNPC under a long-term off-
terminal would receive its first cargo before the take contract. Officials in Accra hope the deal
end of May. The facility is “operationally ready,” will make larger volumes of gas available on the
he said, so the shipment can proceed once Ghana domestic market, supplementing local produc-
National Petroleum Co. (GNPC) and Royal tion and pipeline imports from Nigeria.
Dutch Shell (UK/Netherlands) strike an agree- However, state-run GNPC has attracted
ment on the delivery date. some criticism for its contract with Shell. Benja-
TLTC had said earlier this year that it hoped min Boakye, the executive director of the Africa
the first LNG cargo would arrive by the end of Centre for Energy Policy (ACEP), told the Daily
March. Graphic earlier this week that Ghana did not
Tema LNG will consist of a floating regasifi- need to import gas to cover demand. The coun-
cation unit (FRU) and a separate floating storage try can extract enough from its own fields and
unit (FSU). The FRU, a vessel known as the Tor- import enough via the West African Gas Pipeline
man, is already in place. The FSU, a vessel known (WAGP) to meet its own needs, he asserted.
AMERICAS
Sycar wraps up permit process
for LNG project in Ecuador
PROJECTS & US-BASED Sycar revealed recently that it had encompass the installation of a floating storage
COMPANIES completed the process of obtaining permits for and regasification unit (FSRU) with a capacity
its small-scale LNG project in Ecuador. of 400,000 tonnes per year (tpy), as well as the
According to a company statement, this mile- construction of port facilities capable of accom-
stone was reached last month, when Ecuador’s modating such a vessel.
Ministry of Environment and Water gave final Sycar has yet to make a final investment
approval to Sycar’s environmental impact study. decision (FID) on the project, but it has said it
This will allow the company to move forward, wants to wrap up financing arrangements this
once it provides the Ecuadorean government year and bring the FSRU on stream in 2022.
with “proof of payment of the environmental The terminal will then be able to make regas-
licence tax and the certificate of environmental ified LNG available for delivery to domestic
coverage toward the issuance of the environ- consumers, including thermal power plants
mental licence,” the statement said. (TPPs) and industrial facilities in the southern
Sycar characterised the ministry’s decision as part of the country.
a positive development, saying it was now mov- One of its first customers is expected to be
ing closer to launching the LNG scheme. “This the Machala TPP, a natural gas-burning station
final milestone maintains the project on track located in Bajo Alto near the port. Sycar has also
with the original schedule, giving a positive sign said it wants to build a truck filling station at the
to Ecuadorian industrial customers of the future port so that it can supply LNG to transportation
ample availability of LNG volumes beyond the companies.
domestic offer,” it said in its statement. Eventually the company may also build an
The company has said it wants to establish onshore LNG storage depot near the terminal.
an LNG import terminal at Bajo Alto, a shel- This would allow it to supply larger volumes of
tered port in El Oro Province. The project will gas to the local market.
P8 www. NEWSBASE .com Week 18 07•May•2021
