Sahara Energy Invests Over $450 million in LPG Supply in Ivory Coast

The project is expected to increase stockholding from 15 to 27 days, ensure LPG availability and boost the supply of LPG to Mali, Burkina Faso and Guinea...
Publish Date
6th October 2020
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Read Time
2 minutes

A member of the Sahara group conglomerate, Sahara Energy Resource Limited, has invested over $450 million into the supply of Liquefied Petroleum Gas (LPG) to Cote d’Ivoire, since 2014.

The 2014 population and housing census (RGPH 2014) in Cote d’Ivoire showed that 78% of households use wood and charcoal as their cooking fuel while 22% use gas. The national LPG consumption has grown from 175KT in 2013 to 380KT in 2019, after an increase in the availability of the butane gas and deliberate policy intervention by the Ivorian government.

West Africa Gas Limited (WAGL) is the owner of the Sahara Gas vessel in a joint venture between the Nigerian National Petroleum Corporation (NNPC) and Sahara Group. Sahara Gas and Africa Gas have delivered 373,651.22MT and 268,206.22 MT of LPG to Cote d’Ivoire since the commissioning of the vessels in March 2017.

The 2020 YTD records shows that the conglomerate has invested about $84 million for the supply of 200,578.22MT of LPG to the country. Last week, the Sahara Gas LPG vessel berthed in Ivorian waters discharging 10,000MT of LPG, further driving increased departure from other sources of cooking fuels that pose huge threats to healthcare and the environment.

The company is already working towards the construction of a 12,000MT LPG storage facility to increase storage and supply of gas in the Ivory Coast through a Joint Venture with Petroci Holding. The project will cost $43 million and will be executed in two phases. Commissioning of the first phase is scheduled for November 2021 while that of the second is scheduled for October 2022.

The project is expected to increase stockholding from 15 to 27 days, ensure LPG availability and boost the supply of LPG to Mali, Burkina Faso and Guinea.

The Country Manager of Sahara Energy Resources in Ivory Coase, Olayemi Odutola said, “Working in collaboration with various stakeholders, Sahara Energy is delighted to be driving access to clean energy in Cote d’Ivoire. This is equally the case across the continent where our LPG vessels play a critical role in ensuring households and communities have a viable cleaner option for cooking and ultimately living healthy lifestyles.”

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