All articles in the Gas Monetization Section:

Angola LNG sells its first LPG cargo


The facility has a second jetty for loading cooking gas for the domestic market
By Sully Manope, Southern African correspondent

Angola LNG has announced the sale of its first LPG cargo from its plant in the port town of Soyo, at the mouth of the Congo River in the country’s north west. The 5.2 Metric Tonnes Per Annum(MMTPA) facility, built to create value from Angola’s offshore gas resources, was commissioned in mid-2013.
The LPG and condensate jetty was commissioned immediately prior to commencement of loading operations. Commissioning included the testing of safety devices, mooring arrangements and loading arms.

→   Read the rest of this entry

South Africa Remains Wary Of Investment In Gas To Power

Dikobe Ben Martin, MP

Mozambican gas is viewed as costly LNG option, which can’t even compete with nuclear
By Toyin Akinosho

Natural gas remains at the bottom of the pile among fuels in consideration for firing electricity plants in South Africa in the next twenty years.

The latest draft of the Department of Energy’s Integrated Resource Plan (December 2013) takes cognizance of the vast recent increase in natural gas reserves in fields offshore Tanzania and Mozambique-next door – but considers that their distance “would lead to higher costs, closer to the LNG price”. The 114 page document remarks: “There may even be an argument that suggests South Africa would be better served to allow this gas to be liquefied and then import it as LNG rather than increase energy dependency on one source of gas”. The assumed price of LNG in the document is $10/MMBTU.

→   Read the rest of this entry

Tanzania: Gas Revenue Fund Will Be Managed By Central Bank

Tanzanian authorities consider a gas revenue fund as one of the essential pillars of the gas policy. The country’s central bank is expected to play a major role if the policy is implemented.

Tanzania has witnessed discoveries of over 30 Trillion Cubic feet of gas in the last four years. The government is concerned that, as a gas industry takes off, its revenues are properly managed for the benefit of Tanzanians. “The government wants to ensure a transparent and accountable system towards natural gas revenue management and development of the natural gas industry”, says the 45 page midstream-downstream gas policy approved by the country’s cabinet in October 2013.

→   Read the rest of this entry

Dangote To Receive Thermal Gas From Gaz du Cameroun

GDC charges $16/MMBtu, with prices fixed for five years

Dangote Cement has penned an agreement with Gaz du Cameroun, for the provision of gas fired thermal power at its plant in Douala, Cameroon. The cement factory is a brand new one with an installed capacity of the annual production capacity of is 1.6 million tons.

The gas connection is anticipated in the second half of 2014.

Gaz du Cameroun is a subsidiary of Victoria Oil &Gas, a British minnow which operates the Logagba gas field and gas processing plant in the country and has connected industries in Cameroon’s major commercial city with fuel. The company executes gas sales agreements with customers to sell gas at $16/mmbtu, with prices fixed for five years and the contract term lasting 20 years.

→   Read the rest of this entry

Ogbele Inches Close To 10Bcf Mark

By Sully Manope

The Ogbele field in the Nigeria’s Eastern Niger Delta will have delivered 10Billion standard cubic feet of gas to its main customer, by the end of January 2014. That customer is the Nigerian Liquefied Natural Gas (NLNG) Limited.
The field had input 5Bcf to the NLNG system by June 2013, seven months after the first gas delivery into NLNG Bonny Plant.

Ogbele is a marginal oil and gas field, which was farmed out by Chevron in the late 90s, to Niger Delta Petroleum Resources (NDPR), a Nigerian E&P independent. The agreement got the consent of the government in 2000.

→   Read the rest of this entry

Piped Gas For Maputo Residents By March 2014

Mozambican authorities assure that residences, hospitals, restaurants and industries in Maputo, the country’s capital, will start receiving piped natural gas in March 2014. The Mozambican state hydrocarbon company ENH, commenced construction of an intra-city and inter-city gas distribution pipelines in March 2013.

Piped Gas For Maputo Residents By March 2014The main line will transport 5.5Billion cubic feet of gas a year from Matola to Marracuene, over a distance of 30km for a period of 20 years in an initial phase. “Residences and some production units of Maputo will have piped natural gas from March 2014, at which time it is expected that we finalize the construction of the natural gas distribution network in the city of Maputo”, according to spokespersons at the ENH.  The total area proposed for the gas distribution network is approximately 62 km (excluding extensions for consumers).

→   Read the rest of this entry

Uquo Gas Starts Flowing Into Ibom Plant

Uquo Reaches First Gas

Ibom Power wheels 100MW into the Nigerian National Grid

Gas has started flowing from the Uquo Field in Nigeria’s Oil Mining Lease (OML) 13 into the Ibom Power Plant. Both are located in the south eastern Niger Delta basin. “We are wheeling 100MW into the Nigerian Power Grid”, say impeccable sources at the Ibom Power Company in Uyo, capital city of  Akwa Ibom State, which is one of Nigeria’s oil and gas producing states. The delivery is made possible by the completion of repairs on the 120MW Frame 9, the largest turbine in the station.

→   Read the rest of this entry

Botswana’s Coal Bed Methane Is Potential Cash Cow

By Sully Manope, Southern African correspondent

Botswana-Magnum-Gas-and-PowerAustralian minnow Magnum Gas & Power sees Botswana’s coalbed methane (CBM) as a far better value proposition than traditional coal, the company’s Chief Executive has remarked. Trent Wheeler says that CBM is a flexible, clean fuel source that can either be used as a gas, or can be converted to diesel or liquid natural gas and can also be compressed and used as a feedstock for ammonium nitrate, which is extensively used in mining explosives in the region.
Magnum Gas & Power has prospecting licenses for Coal Bed Methane over two prospective basins, covering some 2 400 km2 in the country. It also has a Petroleum Exploration Licence(PEL) for conventional oil and gas, covering about 24,300 km2 in Botswana.

→   Read the rest of this entry

Tanzania’s Gas Policy Prioritizes Domestic Market

Tanzania’s newly approved Natural Gas Policy aims to “ensure that the domestic market is given first priority over the export market in gas supply.”
Gas producers in the country will have domestic supply obligation and localization is emphasized down the value chain.

The country currently generates 450MW of electricity from gas-fired plants, fuelled by reservoirs from marginal, shallow water fields. In the last three years however, deepwater discoveries have displayed the country prominently on the gas map of the planet, with the Tanzanian government official estimates of gas reserves standing at 42.7-trillion cubic feet as of September 2013.

→   Read the rest of this entry

Nigeria Commissions Thermal Plants Without Fuel Supply

Olorunsogo Plant

By Toyin Akinosho

Goodluck Jonathan, the Nigerian president, has commissioned the second gas-fired thermal plant in two weeks without adequate gas supply.

Like the Geregu power plant he unveiled on October 4, 2013, most of the turbines in the Omotosho II power station will be idle for the next 12 months, according to sources in the ministry of power.

These are two of the 10 National Independent Power Projects (NIPP) under construction all over the country, and the President is scheduled to hop from one power plant to another, launching them in a blaze of publicity. The plants are slated to have been completed by 1st Quarter 2014. But for 60% or more of their overall installed capacity, gas is not assured, so the government’s claims that they would add 5,280MW to the national grid is not assured in the near term, our investigation shows.

→   Read the rest of this entry

© 2021 Festac News Press Ltd..