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The new pipeline will follow a route opposite to TTIP, shown here during the construction phase (Photo: Fabtech)
Annoh-Dompreh did not say in his Twitter post Since the completion of TTIP, an LNG
when construction might begin. However, he import terminal consisting of a floating regasi-
was quoted by Ghanaian press sources as saying fication unit (FRU) and a separate floating stor-
late last week that Ghana Gas was conducting an age unit (FSU) has been established at Tema.
engineering study in order to make sure that it Ghana National Petroleum Corp. (GNPC) has
recruited personnel with the appropriate tech- arranged to use the facility, which is operated
nical experience. by Tema LNG Terminal Co. (TLTC), to import
This study is likely to be wrapped up in about LNG from Nigeria from a unit of Shell under a
four weeks, he stated. long-term off-take contract. So far, however, it
Ghana already has a pipeline in place that does not appear to have actually begun imple-
runs from Takoradi to Tema – the first phase menting that contract.
of the Takoradi-Tema Interconnection Pro- Both of the vessels that make up the terminal
ject (TTIP), which was built in 2019. That link are already present at Tema, but they have yet to
pumps gas from fields off the country’s western handle any LNG.
coast to Tema, where energy demand is strong. According to previous reports, the FRU is
Presumably the new pipeline described by capable of handling 1.7 million tonnes per year
the MP would be filled with gas from another (tpy) of LNG, and the FSU can store 145,000-
source. 160,000 cubic metres of gas.
CEF subsidiary authorised to buy
50% of BP’s Cape Town terminal
SOUTH AFRICA SOUTH Africa’s state-owned Central Energy value of the deal, but it commented that the new
Fund (CEF) has said that its subsidiary, the asset was expected to generate additional reve-
Strategic Fuel Fund (SFF), had been authorised nue for the fund, as demand for fuel is growing
to proceed with the acquisition of a 50% stake in the Cape Town area.
in the Cape Town fuel terminal, owned by BP Godfrey Moagi, the CEO of SFF, said the
Southern Africa (bpSA), a subsidiary of BP Cape Town terminal would serve as a new reve-
(UK). nue stream and as a safeguard against domestic
In a statement widely cited by South African petroleum product shortages. “Through this
media on August 15, CEF said that South Afri- asset, SFF will also be able to import finished
ca’s Competition Tribunal had given uncondi- products to mitigate risks associated with prod-
tional approval to SFF’s request for permission uct shortage as a result of local refining capacity
to purchase the stake. It did not comment on the being closed,” he said.
Week 33 18•August•2022 www. NEWSBASE .com P7