Page 11 - AfrOil Week 45 2021

AfrOil PROJECTS & COMPANIES AfrOil

Ecow-Gas to build LNG storage and

regasification facilities in Burkina Faso

BURKINA FASO ECOW-GAS has won a contract to build Liq- tankers and trucks.
uefied Natural Gas (LNG) storage and regas- The Tema LNG terminal will consist of a
ification facilities in Burkina Faso, the energy floating regasification unit (FRU) and a separate
infrastructure development company said on floating storage unit (FSU). The FRU is capa-
November 4. ble of handling 1.7mn tonnes per year (tpy) of
The recently formed Netherlands-based LNG, and the FSU will be able to store 145,000-
company was awarded the Burkina Faso con- 160,000 cubic metres of gas.
tract on the basis of its utilisation of an LNG A unit of Royal Dutch Shell (UK/Nether-
import terminal in Ghana that is due to open lands) will use the new terminal to supply LNG
soon. The terminal is owned by an Ecow-Gas from Nigeria to Ghana National Petroleum
affiliate, Tema LNG Terminal Co. (TLTC), Corp. (GNPC) under a long-term off-take con-
the owner of the Tema LNG terminal offshore tract. Officials in Accra hope the deal will make
Ghana. larger volumes of gas available on the domestic
Ecow-Gas has already won exclusive rights market, supplementing local production and
to build and operate LNG storage and regasifica- pipeline imports from Nigeria. ™
tion facilities in Liberia and Sierra Leone. TLTC
will support these projects by transferring LNG
from its storage facilities, which will be able to
hold more than 180,000 cubic metres, to tankers
for delivery to the other countries. (Tema LNG
is capable of loading small-scale LNG cargoes in
the range of 7,000-30,000 cubic metres econom-
ically, so it will be able to support shipments to
the facilities that Ecow-Gas plans to build.)
These projects are designed to transform
Tema LNG into a regional gas hub, capable of
importing gas for delivery to Ghana’s domes-
tic market and also re-exporting gas to other
West African states. This hub will be able to
deliver small amounts of LNG to regional mar-
kets either by sea or by land, as it can load both Ecow-Gas is an affiliate of Tema LNG Terminal (Image: Helios Investment Partners)

Eni says Baleine oilfield may

come on stream as early as 2023

COTE D’IVOIRE THE Italian energy major Eni plans to start oil well, located in Block C1-101, had encountered
and gas production from the giant Baleine dis- light oil of around 40 degrees API, with prelimi-
covery offshore Cote d’Ivoire as early as 2023 as nary estimated resources of 1.5bn-2bn barrels of
the West African country puts 32 more blocks oil in place (OIP) and up to 2.4 trillion cubic feet
up for offer to investors, S&P Global Platts (68bn cubic metres) of associated gas.
reports. Cote d’Ivoire earlier launched a roadshow
The company’s country managing director, at Africa Oil Week, putting another 32 blocks
Sergio Laura, confirmed on November 10 at the on offer for investors, and three other blocks
Africa Oil Week conference in Dubai that Eni are under negotiation, according to S&P Global
plans to fast-track development of the Baleine Platts.
discovery, which “could become even bigger” Baleine, the first discovery made in the
than already estimated. Ivorian offshore zone since 2001, lies within a
Eni said in September that the Baleine-1x licence area known as CI-101.

Week 45 10•November•2021 www. NEWSBASE .com P11