Page 20 - GLNG Week 09 2023

GLNG NEWS IN BRIEF GLNG

Hungary will be able to natural gas field off West Alexandroupolis FSRU work

import liquefied natural gas Africa commences at Keppel

from Egypt starting in 2026 BP and its partners are exploring a second shipyard
phase expansion for the Greater Tortue
Hungary will be able to import liquefied Ahmeyim (GTA) natural gas field off the coast Construction has begun on Greece’s first
natural gas (LNG) from Egypt starting 2026 of West Africa. floating storage and regasification unit
as the Central European country seeks to Alongside Kosmos Energy, Senegal’s (FSRU) at the Keppel shipyard in Singapore.
diversify its energy sources away from Russia, Petrosen and Mauritania’s Société The FSRU, named Alexandroupoli after its
the two country’s leaders agreed in Cairo. Mauritanienne des Hydrocarbures, BP could conversion from GasLog’s DNV-classed
Hungary could import LNG from Egypt via increase GTA’s liquefied natural gas (LNG) LNG carrier Gaslog Chelsea, will serve as an
Greece following the development of the production to as much as 5.3mn tonnes per offshore storage and regasification facility and
required infrastructure to guarantee its energy year, up from the current 2.5-3mn tpy. be part of the Alexandroupolis Independent
security. The proposed expansion will include the Natural Gas System. The reflagged 155,000
Late in 2021, Egypt, a major gas exporter, use of a gravity-based structure and new wells cubic metre LNG carrier will be the first FSRU
and Greece agreed on expanding their co- and subsea equipment to expand existing conversion under the Greek flag for operation
operation regarding LNG supply and on infrastructure and production. in the Aegean Sea. The project is owned by
examining the possibility of constructing a BP is also considering designs to lower Gastrade, a consortium of key players in the
subsea gas pipeline between the two states emissions associated with LNG production at wider region’s energy market. The FSRU is
amid European countries’ keenness to the facility by using equipment such as electric expected to have a regasification capacity of
diversify their energy sources. drive turbines. approximately 8 billion cubic metres per year
The two countries’ latest co-operation According to BP’s Gordon Birrell, executive and will be connected to the National Natural
in the energy field comes amidst extensive vice president of operations and production, Gas Transmission System of Greece via a
economic ties developed over decades. the GTA project underpins the company’s 28-kilometre pipeline. The vessel is scheduled
Trade exchange between Egypt and Hungary strategy to develop resilient hydrocarbons for delivery at the end of 2023.
amounted to $400mn in 2021. Hungarian that can provide energy security today, along
exports to Egypt include machinery, electric with BP’s Yakaar-Terenga and BirAllah LNG
generators, glass and organic chemicals. projects in Senegal and Mauritania. Chevron to reduce carbon
While Egypt exports cotton, fruits, vegetables, “We aim to build on our strong
cement, fertilisers, carpets, ceramics and collaboration with our partners, and the intensity of LNG fleet
plastics. Also Egypt is a major tourism governments of Mauritania and Senegal, to
destination, with around 40,000 Hungarian further develop a long-term, successful energy Chevron Corporation, through its subsidiary
tourists visiting the country in 2021. hub in West Africa,” he said, according to Chevron Shipping Company LLC, has reached
Natural Gas Intel. an agreement with Sembcorp Marine Repairs
In 2022, Africa became a growing source & Upgrades Pte. Ltd to reduce the carbon
BP and partners plan of LNG for Europe, with the region receiving intensity of their LNG fleet operations. Under this
agreement, Chevron will install new technologies
its first cargoes from Cameroon and increased
second phase expansion volumes from Equatorial Guinea and Angola. on its vessels to help reduce the carbon footprint
This is expected to grow in the near future as
of its LNG transportation operations, in line
for Greater Tortue Ahmeyim countries seek to replace Russian gas. with the decarbonization targets set by the
International Maritime Organization (IMO).

Chevron’s plan to reduce the carbon footprint

P20 www. NEWSBASE .com Week 09 03•March•2023