Page 8 - AfrOil Week 08 2023

AfrOil PIPELINES & TRANSPORT AfrOil

Perenco takes FID on building LNG

plant at Cap Lopez terminal in Gabon

GABON PERENCO (UK/France) announced on Feb- tanker vessel to the Gabonese port to provide
ruary 16 that it intended to build a natural gas storage capacity for all crude oil flowing into the
liquefaction plant in Gabon as part of a wider terminal. The arrangement appears to be work-
effort to expand the capabilities of its Cap Lopez ing well, as the VLCC has already carried out its
terminal. first withdrawals of oil from the local pipeline
Currently, the terminal is home to oil storage system.
tanks and crude export facilities. However, Per- Benoît de la Fouchardière, Perenco’s group
enco made a final investment decision (FID) on general manager, commented: “FID for a new
the construction of an LNG plant at the terminal LNG production unit in Gabon is further evi-
at a cost of around $1bn. The company took this dence of Perenco’s leading gas strategy in Africa.
step shortly after making an official presentation It also marks an important milestone for Peren-
of its plan to Gabon’s Ministry of Oil and Gas last co’s partnership with Gabon, a country where
week and now hopes to finish the new plant in we have been operating for thirty years. We are
about three years. pleased to be investing to help meet Gabon’s
The Gabonese government extended tech- future energy demands, supporting the country
nical approval to the project in late 2022. It has in reducing its emissions, and delivering a pro-
given a green light to plans that envision the ject that will also create hundreds of direct and
construction of a plant capable of turning out indirect employment opportunities.” ™
700,000 tonnes per year (tpy) of LNG for export.
Perenco’s LNG plant is also slated to turn out
20,000 tpy of butane, a type of LPG. This pro-
duction stream is expected to supplement the
15,000 tpy of LPG that will be manufactured by
a smaller plant that the company aims to launch
before the end of this year.
Together, these two facilities will be capa-
ble of producing enough LPG to cover Gabon’s
domestic demand in full.
Meanwhile, the Anglo-French company
is working to ensure the Cap Lopez terminal’s
operational continuity while the LNG plant is
under construction. More specifically, it has
deployed a very large crude carrier (VLCC) Rendering of Perenco’s planned Cap Lopez LNG facility (Image: Perenco)

Tanzania issues construction

licence to EACOP Ltd consortium

TANZANIA TANZANIA has formally authorised the con- EACOP Ltd, so the consortium now has author-
struction of its section of the East Africa Crude isation to build both sections of the link, which
Oil Pipeline (EACOP), which will carry petro- will eventually be 1,443 km long.
leum from western Uganda to the shores of the Wendy Brown, the consortium’s general
Indian Ocean. manager for Tanzania, thanked the govern-
According to a report from AFP, Tanzania’s ment for its issuance of the new authorisation.
government issued a certificate authorising “This construction approval marks another step
EACOP Ltd, the consortium set up to build the forward to EACOP as it allows commencement
pipeline, to move forward with construction of the main construction activities in Tanzania,
work earlier this week. It did so just a few weeks upon completion of the ongoing land access
after Uganda’s issuance of a similar document to process,” she remarked.

P8 www. NEWSBASE .com Week 08 23•February•2023