Page 9 - GLNG Week 10 2021
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GLNG                                             AFRICA                                               GLNG


       Tema LNG seen receiving its first cargo soon





        PROJECTS &       TEMA LNG Terminal Co. (TLTC), the owner   As of press time, neither Shell nor GNPC had
        COMPANIES        of a new LNG terminal at the Ghanaian port of  divulged any additional information on the tim-
                         Tema, may be able to start commercial opera-  ing of the terminal’s launch. Platts noted, though,
                         tions before the end of this month.  that the spokesman’s words were in line with pre-
                           The terminal, which consists of a floating  vious reports indicating that Tema LNG would
                         regasification unit (FRU) and a separate float-  take delivery of its first cargo by the end of the
                         ing storage unit (FSU), has yet to come online.  first quarter of 2021.
                         However, a spokesman for the project told S&P   The terminal’s FRU and FSU have both
                         Global Platts last week that the terminal would  been moored at a new jetty built by West
                         be “mechanically ready” to take delivery of its  Africa Gas. The regasification unit is capable
                         first shipment by the end of March.  of handling 1.7mn tonnes per year (tpy) of
                           As such, he said, Ghana National Petroleum  LNG, and the storage vessel boosts the facili-
                         Co. (GNPC) will soon be in a position to import  ty’s total storage capacity to 145,000-160,000
                         its first cargo of LNG under a long-term supply  cubic metres.
                         contract with an affiliate of Royal Dutch Shell   TLTC’s owners are Helios Investment Part-
                         (UK/Netherlands). He cautioned, though, that  ners and Africa Infrastructure Investment Man-
                         the LNG cargo’s arrival date had not yet been  agers, both based in the UK. The partners have
                         fixed. “We are waiting for Shell, the supplier, and  awarded a contract for the operation and main-
                         GNPC, as the off-taker, to decide and confirm  tenance of the terminal to Reganosa of Spain.
                         the delivery date for their first cargo to arrive at  Under this contract, Reganosa must also operate
                         the terminal,” he said.              and maintain the 16-inch (406-mm) riser, sub-
                           The spokesman, who was not named, did not  sea pipeline and onshore 6-km pipeline used to
                         reveal the size or price of Tema LNG’s first cargo.  pump the regasified LNG to onshore facilities.™






       DPR authorises installation




       of FLNG unit at Yoho oilfield





        PROJECTS &       NIGERIA’S Department of Petroleum Resources  for example, were built for Malaysia’s Kanowit
        COMPANIES        (DPR) has reportedly authorised a contractor  project and are slated to remain there.
                         working for ExxonMobil (US) and Nigerian   The only existing FLNG unit known to be
                         National Petroleum Corp. (NNPC) to install a  available is a smaller vessel – the 500,000 tpy
                         floating LNG (FLNG) unit at the Yoho oilfield.  Tango LNG, which Argentina’s national oil com-
                           Templars, the Nigerian legal firm that has  pany (NOC) YPF chartered in 2019 for instal-
                         been serving as advisor for the FLNG project,  lation near Buenos Aires. YPF declared force
                         said earlier this week that DPR had issued a  majeure on its contract with Exmar, the Belgian
                         licence to UTM, the Nigerian firm that has  company that owns Tango LNG, in 2020, citing
                         agreed to install the vessel for ExxonMobil and  fallout from the coronavirus (COVID-19) pan-
                         NNPC. UTM intends to provide an FLNG unit  demic. The vessel has been berthed in the Uru-
                         capable of turning out 1.2mn tonnes per year  guayan port of Nueva Palmira ever since.
                         (tpy) of LNG, it noted.                ExxonMobil and NNPC began development
                           After installation, the vessel is slated to pro-  of the Yoho oilfield in 2003. They have been
                         cess up to 176mn cubic feet (4.984mn cubic  re-injecting associated gas back into the res-
                         metres) per day of associated gas from the Yoho  ervoir in order to maximise yields but are now
                         field. This will allow it to produce one or two  looking to switch course, since the site is mature.
                         standard-size LNG cargoes each month, Tem-  The FLNG project will give the partners a means
                         plars said.                          of commercialising the gas while they wind
                           According to the law firm, the Nigerian  down oil extraction.
                         firm has not yet decided whether to charter an   In the meantime, Yoho is still yielding about
                         existing FLNG vessel or order a newbuild unit  35,000 barrels per day (bpd) of oil. ExxonMo-
                         for the project. Most existing units have already  bil and NNPC are using a floating production,
                         been assigned to other projects, or were pur-  storage and off-loading (FPSO) to develop the
                         pose-built for them; the PFLNG-1 and-2 vessels,  offshore field.™



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