Page 7 - AfrOil Week 33 2022
P. 7

AfrOil                                PIPELINES & TRANSPORT                                            AfrOil

































                           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
   2   3   4   5   6   7   8   9   10   11   12