Page 12 - AfrOil Week 35 2022
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AfrOil                                 PROJECTS & COMPANIES                                            AfrOil



       Senegal’s president sees Phase 2 of LNG




       production starting at GTA in 2024 or 2025






        SENEGAL/MAURITANIA  MACKY Sall, the president of Senegal, said on   the MSGBC Oil, Gas & Power 2022 conference
                         September 1 that he expects BP (UK) to launch   on September 1 that work on the floating pro-
                         the second phase of its natural gas and LNG   duction, storage and off-loading (FPSO) vessel
                         development project at the offshore Greater   that will be installed at GTA was moving for-
                         Tortue/Ahmeyim (GTA) block in 2024 or 2025.  ward. The ship is slated to sail from the Chinese
                           Speaking on the opening day of the MSGBC   shipyard where it is being built before the end of
                         Oil, Gas & Power 2022 conference in Dakar,   2023, he said.
                         Sall said BP and its US-based partner Kosmos   GTA contains around 15 trillion cubic feet
                         Energy anticipated spending $5bn on Phase 2,   (425bn cubic metres) of gas, enough to support
                         which will boost the volume of LNG produced   an export-oriented LNG project as well as pipe-
                         from GTA gas to 5mn tonnes per year (tpy) to   line deliveries to Senegal’s domestic market.
                         10mn tpy. (His figures are at odds with those   Kosmos discovered gas at the block in 2015 and
                         previously stated by the investors, which have   then teamed up with BP for the project in 2016.
                         said they aim to produce 2.5mn tpy of LNG in   The two companies made an FID on Phase
                         Phase 1 and 5mn tpy in Phase 2, perhaps rising   1 of the project in late 2018. To support LNG
                         in stages later to 10mn tpy. The reasons for the   production, they have contracted Bermu-
                         discrepancy were not immediately clear.)  da-registered Golar LNG to convert the Gimi
                           The president also reported that the compa-  LNG tanker into an FLNG vessel with a Phase
                         nies would not be waiting to launch Phase 2 and   1 production capacity of 2.5mn tonnes per year
                         would start work on the next part of the project   (tpy). ™
                         shortly after bringing Phase 1 online in 2023.
                         “Phase 2 ... will come immediately after Phase
                         1,” he stated. He did not say when the project’s
                         shareholders were likely to make a final invest-
                         ment decision (FID) on Phase 2 of the project.
                         US-based Kosmos stated recently that they
                         hoped to reach this milestone by the end of the
                         third quarter of 2022.
                           BP and its partner are about 80% complete
                         with all preparations for the launch of Phase 1
                         operations at the GTA block, which straddles
                         the offshore border between Mauritania and
                         Senegal. They expect to begin extracting gas
                         in the third quarter of 2023 and will then load
                         and export their first cargo of LNG in the fourth
                         quarter of the same year.
                           Gordon Birrell, BP’s executive vice president
                         for production and operations, said separately at   GTA straddles the Senegal-Mauritania maritime border (Image: Kosmos Energy)


       Kyari says NNPC Ltd has locked in crude




       supply agreement with Dangote Refinery






            NIGERIA      MELE  Kyari, the group CEO of Nigerian   NNPC Ltd owns a 20% equity stake in the
                         National Petroleum Co. Ltd (NNPC Ltd), said   Dangote plant and has the right of first refusal
                         on August 30 that his company has already   with respect to supplying feedstock to the refin-
                         locked in long-term supply arrangements with   ery for processing over a period of 20 years, he
                         the Dangote Refinery, the massive oil-process-  stated, according to a report from Premium
                         ing plant now under construction near Lagos.  Times.



       P12                                      www. NEWSBASE .com                      Week 35   01•September•2022
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