Page 13 - DMEA Week 14 2021

DMEA FUELS DMEA

Elton plans LNG bunkering and

regasification facility in Dakar

AFRICA ELTON Group of Senegal has announced plans will be capable of berthing and supplying fuel to
to set up an LNG bunkering and regasification LNG-fueled vessels. It will also be able to take
facility in Dakar. delivery of LNG and transfer it to a storage depot
Last week, Agence Ecofin reported that the with a capacity of 140,000 cubic metres for re-ex-
company had been a awarded a concession for port to neighbouring countries
the operation of a new natural gas terminal at the Additionally, the terminal will be able to
port of Dakar. Under the concession agreement, regasify LNG for domestic consumption within
it will spend CFA70bn on the construction of a Senegal. These capabilities will allow the facility
new facility capable of offering multiple types of to strengthen the country’s gas value chain and
services related to the handling of domestically help create new jobs, according to Elton Group.
produced LNG. Abderahmane Ndiaye, the CEO of the group,
Elton Group has not yet divulged the value of said last week that he expected the project to
the project or said when it might begin construc- benefit Senegal’s economy. “This will be the first
tion. However, it has indicated that it intends to port capable of hosting ships using LNG as fuel,
build the terminal in multiple phases – and that giving [Dakar] a significant competitive advan-
the facility will mostly handle LNG produced tage over other ports in the sub-region,” he was
using gas from the Tortue, Yakaar and Birallah quoted as saying by Agence Ecofin.
offshore fields, which have been assigned to BP The scheme will also expand the range of
(UK) and Kosmos Energy (US). Elton Group’s operations. The company cur-
Additionally, it has said the facility will serve rently focuses on petroleum product distribution
multiple functions. When finished, the terminal in Mali, Guinea-Bissau, Guinea and Gambia.™

PETROCHEMICALS

Iran hires local firms to capture flare gas

MIDDLE EAST IRAN’S Persian Gulf Bidboland Gas Refinery year, which ends in March 2022.
Co. this week hired three local companies to Meanwhile, Aminnejad said that Bidboland
recover flare gas from the nearby Rag-Sefid oil- would award another $1bn worth of flare
field for use as feedstock at the southern facility. recovery deals to domestic firms in the coming
The deals, worth a combined $196mn, cover months.
the construction of 24 centrifugal compressors The refinery is responsible for processing gas
as well as a flare gas recovery station at Rag-Sefid. for use as feedstock at the country’s large petro-
They were signed at a ceremony attended by chemical facilities along the Gulf coast.
Oil Minister Bijan Zanganeh and the refinery’s Aminnejad noted that the unit is currently
managing director, Mahmoud Aminnejad. only operating at around 50% of its operating
An $89mn deal for the construction, instal- capacity, adding that this would increase to
lation and commissioning of the compressors around 65% in June when the NGL 1,200 flare
was signed with Oil Turbo Compressor Con- gas recovery project in central Iran comes into
struction Co. (OTC) and Mapna Turbine Engi- operation. He said that the refinery was currently
neering and Construction Co. (TUGA), with generating revenues of around $1.6mn per day.
the contract with Energy Industries Engineering During the same ceremony, Masoud Kar-
and Design (EIED) for the construction of the basian, CEO of the National Iranian Oil Co.
Rag-Sefid flare gas recovery station coming in at (NIOC), said plans are in place to collect asso-
around $107mn. ciated petroleum gas amounting to 1.6bn cubic
Bidboland is located inland from the port city feet (45mn cubic metres) per day in Khuzestan
of Bandar Mahshar in the southern Khuzestan and Ilam Provinces.
Province. He said explained that progress had reached
Speaking at the ceremony, Zanganeh said that 55% and 75% on the NGL 3,100 and NGL 3,200
Tehran intends to reduce flaring from oilfields to plants, which will each capture 500 mcm per day
almost zero during the current Iranian calendar of flare gas.™

Week 14 08•April•2021 www. NEWSBASE .com P13