The first offshore LNG terminal in sub-Saharan Africa, the Tema LNG Terminal Company (TLTC), is to begin to deliver LNG to customers in the first quarter of 2021 as its Floating Regasification Unit (FRU) arrived in Ghana yesterday, 7th January 2020.
The terminal will use the FRU and the existing LNG carrier to receive, store and regasify LNG. The FRU will operate in conjunction with infrastructure that allows cost-efficient processes, without affection maritime and the Tema port traffic.
TLTC Project Manager, Edmund Agyeman-Duah said: “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 receive, regasify, store and deliver roughly 1.7 million tonnes of LNG a year – 30% of Ghana’s general capacity. Tema LNG’s year-round supply of gas will enable the Ghana National Petroleum Corporation (GNPC) to supply reliable and cost-effective gas into the Tema power and industrial enclave, while strengthening West Africa’s energy security.”
Commenting, Helios Investment Partners, Ogbemi Ofuya said: “The Tema LNG terminal project supports Ghana’s ambitions to continue on its trajectory as one of the fastest growing economies in Africa, by delivering the energy infrastructure to support accelerated industrialisation. As evidenced in similar fast-growing economies in Asia and Latin America, the introduction of LNG into the energy mix serves as a catalyst for industrial and economic growth. The year-round, guaranteed supply of LNG and piped gas through the Tema LNG terminal facilitates forward planning and investments in receiving infrastructure by power plants, mines and industries across the West Africa region who are currently reliant on more expensive liquid fuels. The switch to gas also delivers a significant environmental benefit and supports the transition to cleaner burning fuels in the region by reducing CO2 emissions and eliminating sulphur emissions, in line with the Paris Climate Accord objectives.”