Ghana Expects to Import first LNG by 2017

Ghana Expects to Import first LNG by 2017

Ghana, which has two import terminal projects  planned, expects to start importing liquefied natural gas (LNG) early next year, the acting Chief Executive of Ghana National Petroleum Corporation (GNPC) said, adding that it was in discussion with a range of traders, Reuters reported.

Alex Mould said that GNPC is in the market for between 250m and 500mscf/d  to be used to help generate power in the West African country. “We are talking to Qatargas, BP, Shell, Woodside, the usual suspects, to enter into some sort of agreement with them,” Mould explained at an oil and gas conference in Cape Town, according to Yahoo.

Norwegian shipping company Golar LNG has already supplied a floating terminal to the Atlantic coast port of Tema, but sources said there are logistical issues causing uncertainty over when it will start up. Imported LNG is to be regasified using a dedicated floating storage and regasification unit (FSRU) moored off shore.


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