Page 8 - GLNG Week 40 2021

GLNG AFRICA GLNG

storage and off-loading (FPSO) and floating Senegal. It was discovered by Kosmos in 2015
LNG (FLNG) vessels to support gas extrac- and is believed to contain some 15 trillion cubic
tion and liquefaction operations. “On August feet (425bn cubic metres) of natural gas. BP
31, 2021 the Grande Tortue/Ahmeyim project joined the project in 2016, and the two compa-
was in the range of 65% completion,” she com- nies made a final investment decision (FID) on
mented. “The FPSO and the FLNG vessels that first-phase production in late 2018.
are being constructed in China and Singapore The partners intend to use gas from the
are 70% complete. These vessels are expected to licence area to support an LNG project. To this
be in Senegal by the end of 2022 and the start of end, they have contracted Bermuda-registered
2023.” Golar LNG to convert the Gimi LNG tanker into
Meanwhile at Sangomar, she said, Woodside an FLNG vessel with a production capacity of
is moving forward with its drilling programme 2.5mn tonnes per year (tpy). The FLNG unit will
and has reached the stage of about 35% com- process gas delivered via pipeline from the FPSO.
pletion. “We have just completed the drilling in Meanwhile, the Sangomar licence area
the SNP-20 wells, which have been a big success, includes three separate fields – Rufisque,
and confirm the presence of large high-quality Sangomar Offshore and Sangomar Deep
reservoirs containing oil,” she told L’Observateur. Offshore. Oil was discovered at the block in
“The goal is to begin production during the third 2014, and Woodside has estimated that its off-
trimester of 2023 after the installation of subsea shore licence area contains 645mn barrels of
infrastructure.” oil equivalent (boe) in recoverable reserves,
GTA is an offshore block that straddles including 485mn barrels of crude oil and
the maritime border between Mauritania and 160mn boe of natural gas.™

ASIA

Tokyo Gas, PTT partner on

Thai LNG supply business

PROJECTS & JAPANESE utility Tokyo Gas has formed a new
COMPANIES joint venture with state-owned Thai major PTT
to deliver on-site energy business solutions to
customers in the Southeast Asian country.
Tokyo Gas said on October 5 that it had
entered into a partnership with PTT’s wholly
owned Siam Management Holdings (SMH) to
establish PTT & TGES Optec (Optec). It said
Optec would focus on “improving efficiency
technology solutions and fuel supply such as
LNG supply to factories, small power producers
and utilities in Thailand”.
The Japanese utility said one of Optec’s fuel
supply services would be to truck LNG to indus- production has gradually fallen from a peak of
trial customers. In addition, the venture would 39.1bn cubic metres in 2014 to 32.7 bcm in 2020,
supply power from “a combination of installa- according to BP’s Statistical Review of World
tion of combined heat and power [CHP] system, Energy 2021. Annual gas demand, however, has
solar as well as biomass power and thermal gen- remained consistent over that period at around
eration system”. 50 bcm, with the exception being last year, when
The new company, in which PTT will own the coronavirus (COVID-19) pandemic cur-
51% and Tokyo Gas will hold the remainder, will tailed economic activity and saw gas demand
be established in November with THB60mn shrink to 46.9 bcm.
($1.78bn) of capital. Optec will begin operating PTT said earlier this year that it expected
in the first quarter of 2020. national gas demand to return to pre-COVID
Optec will also seek to optimise the conver- 19 levels at 4.8bn cubic feet per day this year.
sion of equipment that runs on liquid petroleum PTT’s senior executive vice-president for
gas (LGP) and heavy oil to LNG. gas business, Wuttikorn Stithit, said in May that
The Southeast Asian country’s demand gas was crucial for the power sector, accounting
for LNG is set to grow in the coming years as for 60% of generators’ feedstock. He added that
domestic production declines. Thailand’s gas power demand has continued to grow.™

P8 www. NEWSBASE .com Week 40 08•October•2021