Reganosa, a Spanish Liquified Natural Gas (LNG) terminal operator, has been awarded the contract to operate Tema LNG’s 2.34 billion cubic meter/year regasification terminal.
Reganosa made the announcement in a press statement on Thursday, January 7, 2021. It however, did not disclose financial details of the contract.
The LNG terminal owned by the Tema LNG Terminal Company (TLTC), awarded Reganosa the contract for the O&M of the floating storage and regasification unit, as well as the associated 6 km gas pipeline and a pressure reduction and metering station connected to the existing pipeline network, which will be in the power and industrial enclave of Tema.
Tema LNG terminal – which is currently under construction – backed by Helios Investment Partners and Africa Infrastructure Investment Managers, is set to be the first offshore LNG receiving terminal in sub-Saharan Africa. The purpose-built FRU was built by Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation.
The LNG floating regasification unit (FRU) left the Jiangnan shipyard at the end of November and was delivered at Tema on January 7.
TLTC is expected to start delivering LNG to customers in the first quarter of 2021.
The FRU is located within the Tema Port, where TLTC has constructed additional marine infrastructure that will allow for the loading of the cost-efficient LNG and regasification without affecting maritime and port traffic.
LNG will be supplied under a long-term contract with Shell. The onshore reception facilities will receive the gas from the FRU via subsea pipelines, before delivering natural gas to the Ghana National Petroleum Corporation (GNPC) and its customers.
“This system provides 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,” said Reganosa.
“The terminal will employ the innovative combination of the FRU twinned with an existing LNG carrier to receive, store and regasify LNG,” Reganosa added.
“The Tema LNG terminal aims to meet Ghana’s growing energy demand through an innovative yet cost-efficient, reliable supply. Once operational, this FRU will allow the Tema LNG facility to deliver roughly 1.7 million mt of LNG a year, 30% of Ghana’s general capacity,” Edmund Agyeman-Duah, the project manager of TLTC said.
“Tema LNG’s year-round supply of gas will enable the GNPC to supply reliable and cost-effective gas into the Tema power and industrial enclave, while strengthening West Africa’s energy security,” Agyeman-Duah added.
With files from S&P Global Platts