Page 18 - DMEA Week 38
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DMEA FUELS DMEA
The Takoradi terminal
in Ghana.
Ghana, Cote d’Ivoire develop
new fuel infrastructure
GHANA GHANA has launched West Africa’s largest oil a 12,000-tonne LPG storage facility to meet its
products terminal, while neighbouring Cote fast-growing demand for the fuel. National oil
Ghana has launched d’Ivoire is to build the largest LPG storage facility company (NOC) Petroci entered into a joint
West Africa’s largest in sub-Saharan Africa. venture agreement last week on the project
oil products terminal, The terminal in Ghana’s western port of Tako- with Sahara Energy Logistics, a unit of Nigeria’s
while Cote d’Ivoire is radi was inaugurated by the West African coun- Sahara Group.
constructing its biggest try’s Vice-President Mahamudu Bawumia in a At a cost of $43mn, the storage facility is to be
LPG storage site. ceremony on September 16. It will unload vessels developed in two stages due for completion in
carrying up to 60,000 tonnes of petroleum prod- November 2021 and October 2022 respectively.
ucts, the government has said, and will meet over The joint venture between Petroci and Sahara
half of Ghana’s demand for these fuels. will build, operate and maintain the unit.
“This project ties in with the government’s “It is a historic event that will pave the way
drive towards ensuring efficiency in the coun- for robust and seamless storage, distribution and
try’s port operations by allowing for deeper supply of LPG,” Petroci’s director-general, Ibra-
anchoring and also to make it a major petro- hima Diaby, said in a statement. “This translates
leum hub in the sub-region,” Bawumia said at to more clean energy, growth and productivity
the ceremony. in Cote d’Ivoire.”
Local firm Ibistek won a concession to build The facility will lift Cote d’Ivoire’s LPG capac-
and operate the terminal in 2017 and construc- ity by 60%, enabling the country to store 27 days
tion began the following year. Its $57mn cost of supply rather than just 15, according to offi-
was covered with funding from the Ghana Infra- cials. It will not only serve the domestic market
structure Investment Fund and the Consolidated but also buyers in neighbouring countries such
Bank Ghana. as Mali, Burkina Faso and Guinea.
The terminal consists of a berth 14-metres The West African nation of 25mn peo-
in depth, loading arms for gasoline, diesel, LPG, ple is the region’s fast-growing LPG market.
bitumen and other heavy fuels and full berthing Consumption expanded from 175,000 tonnes
structures including fenders on dolphins, bol- in 2013 to 380,000 tonnes last year, far out-
lards and hooking points. pacing growth in demand for other liquid
Meanwhile, Cote d’Ivoire is set to construct products.
P18 www. NEWSBASE .com Week 38 24•September•2020
