Page 7 - LatAmOil Week 37 2021
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LatAmOil                                         PANAMA                                            LatAmOil




























                                   The LNG complex is on Telfers Island near the Atlantic end of the Panama Canal (Photo: AES Colón)
                         AES Colón spent around $1.15bn on building   TotalEnergies (France) and Inversiones Bahía,
                         its gas complex, which began operating in 2018.   had agreed to work with an affiliate of Tropigas
                         The facility includes an LNG regasification   (Dominican Republic) to distribute LNG by
                         plant, a 180,000 cubic metre gas storage tank,   truck in Panama and Costa Rica.
                         a terminal that can transfer LNG to trucks for   The parties agreed to source LNG for the
                         overland delivery, a pier that can berth ships   project from the AES Colón complex, saying
                         with storage capacities of 3,000-160,000 cubic   they could use tanker trucks to distribute fuel
                         metres and a 381-MW combined-cycle TPP.  to industrial and business consumers such as
                           Last year,  AES Colón revealed that   TPPs, manufacturing facilities, hotels, food and
                         Colón LNG Marketing, its partnership with   beverage suppliers and transport companies. ™



                                                         CUBA
       Melbana, Sonangol spud Alameda-1




       exploration well at onshore Block 9






                         AUSTRALIA’S Melbana Energy reported ear-
                         lier this week that it had spudded the Alameda-1
                         exploration well at Block 9, a licence area on
                         Cuba’s northern coast. In a statement, Melbana
                         said it had begun drilling the well on September
                         13. It noted that Alameda-1 would be testing
                         three separate targets that may hold as much as
                         141mn barrels of crude oil.
                           The company has not said exactly when it
                         expects to complete the well. It has reported,
                         though, that working conditions at the drilling
                         site are favourable. “[An] additional 14 con-
                         tainers of contractor materials and equipment
                         arrived at port on schedule on September 13 and
                         are in the process of clearing customs and being
                         transported to site,” it said. “Additional Melbana   Block 9 is on Cuba’s northern coast (Image: Melbana Energy)
                         personnel have also now arrived in [the] coun-
                         try to supplement the capabilities of the project   project via a farm-in deal in 2020. Sonangol has
                         management team.”                    agreed to cover 85% of the $30mn cost of the
                           Melbana is developing Block 9 in co-opera-  two-well drilling programme that begins with
                         tion with Angola’s national oil company (NOC)   the Alameda-1 exploration well, and the Aus-
                         Sonangol, which acquired a 70% stake in the   tralian company will cover the remaining 15%.



       Week 37   16•September•2021              www. NEWSBASE .com                                              P7
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