Africa Energy Gas Ghana Infrastructure

Ghana welcomes Africa’s first offshore gas terminal

A floating regasification unit (FRU) that will allow Ghanaian customers to access Liquified Natural Gas (LNG) is expected to arrive in the country in the first quarter of 2021. The purpose-built FRU, which was built by Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, left the Jiangnan shipyard at the end of November.

The floating regasification unit will be delivered to Tema LNG Terminal Company (TLTC), the first offshore LNG receiving terminal in sub-Saharan Africa, which is backed by two UK-based Africa-focused investment firms, Helios Investment Partners, and Africa Infrastructure Investment Managers (AIIM). The terminal will use a combination of the FRU twinned with an existing LNG carrier to receive, store and regasify LNG, according to the companies involved.

It stated that the system would provide Ghana with “all the functionality of a large scale FRU-terminal, but with added flexibility, allowing it to respond to rapidly increasing domestic gas demand with a cleaner and more affordable energy solution”. Industry experts see this development as part of the process of securing Africa’s energy future in the wake of the COVID-19 pandemic.

Also read: Ghana still Africa’s largest gold producer in 2021 – Fitch

Source: OrientEnergyReview via CrudeMix Africa

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