Page 13 - AfrOil Week 06 2022
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AfrOil                                PROJECTS & COMPANIES                                             AfrOil



                         Neither the Greek company nor the Alge-  largest single supplier of LNG. Sonatrach deliv-
                         rian NOC specified the length of the contract   ers cargoes from the Skikda LNG plant to the
                         extension. Nor did either party offer insight as   Revythousa regasification terminal, a facility in
                         to the nature of the changes in the terms of the   the Gulf of Megara near Athens that is owned
                         contract.                            by DESFA, a fully-owned subsidiary of DEPA.
                           DEPA noted in its statement that the agree-  According to previous reports, the volume
                         ment to extend the contract had been signed   of these shipments amounts to the equivalent
                         online. The signatories were DEPA’s CEO Kon-  of about 500mn-1bn cubic metres per year of
                         stantinos Xifaras and Sonatrach’s vice-president   gas. ™
                         for marketing Fatiha Neffah, both of whom
                         stressed the long-standing relationship between
                         the two companies.
                           Xifaras commented: “The renewal of the
                         LNG supply contract with Sonatrach seals our
                         long-term, constructive co-operation with a
                         market partner. The signing of this agreement,
                         by adapting the terms to current trends, meets
                         DEPA Commerce’s strategic goal of providing
                         its customers with sufficient quantities of natu-
                         ral gas at competitive prices from reliable and
                         diversified sources, thus ‘shielding’ the country’s
                         energy security.”
                           Greece imported its first cargo of Alge-
                         rian LNG in 2000, and since then, Algeria has
                         become  the  Southern  European  country’s   Greece receives fuel from Sonatrach’s Skikda LNG plant in Algeria (Photo: Altrad)


       Renergen signs LNG supply




       deal with Ceramic Industries






          SOUTH AFRICA   SOUTH Africa’s Renergen announced on Feb-  supply Ceramic with LNG from the first stage
                         ruary 3 that it had signed an agreement with   of its LNG plant on certain conditions. On the
                         Ceramic Industries, a subsidiary of Cape Town-  one hand, it said, fulfilment of the agreement is
                         based Italtile, on supplies of LNG.  contingent upon the successful commissioning
                           In a statement, Renergen said it was set to   of Phase One itself.
                         begin delivering up to 800 gigajoules per day   On the other hand, it said, Renergen must
                         of LNG to Ceramic in the first quarter of 2022.   commission the facilities needed to store and
                         The five-year term of the supply agreement will   supply LNG at the buyer’s site, while the buyer
                         begin on the date of the first shipment, and the   must finish connecting its equipment to the
                         buyer will have the option to renew the deal for   Renergen battery limit of the facility at its site.
                         two more five-year periods, it reported.  The statement did not reveal the value of the
                           Renergen went on to say that it had agreed to   supply deal.





















                                    Components of Renergen’s LNG plant being unloaded in May 2021 (Photo: Twitter/@RenergenJHB)



       Week 06   09•February•2022               www. NEWSBASE .com                                             P13
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