LNG cooperation deal to supply Ghana port

The gas supply agreement will allow Tema port to satisfy a quarter of Ghana's energy demand Photo: Ghana Ports and Harbours Authority The gas supply agreement will allow Tema port to satisfy a quarter of Ghana's energy demand Photo: Ghana Ports and Harbours Authority

Rosneft and the Ghana National Petroleum Corporation (GNPC) have signed a cooperation agreement to supply Ghana’s port of Tema (Ghana) with LNG for a period of 12 years.

This gas supply agreement will allow the port to satisfy a quarter of Ghana's energy demand, strengthen its energy security and help reinforce the country's position as the key LNG hub in the region.

"We are happy to cooperate with Rosneft, one of the global oil majors, under such a large-scale agreement. I am sure that as a partner to GNPC, Rosneft will play a leading role in the development of Ghana's energy sector,” said Fredrick Blay, Chairman of the Board of Directors, GNPC.

Joint study

Rosneft and GNPC have also signed a framework cooperation agreement that envisages a joint study of high-priority directions of mutually beneficial cooperation in development of oil and gas fields, oil and oil product supplies.

"The signed documents open a new stage in the development of cooperation between Russia and the Republic of Ghana,” said Igor Sechin, chief executive officer, Rosneft.

“Ghana has placed itself among dynamically developing world economies with the energy demand growing year on year. Being a global energy company, Rosneft is capable of meeting this demand including also through LNG and natural gas supplies.”

The agreement includes the supply of a volume of ca. 1.7 mmtpa per day (or 250 mln standard cubic feet), along with its regasification using the processing capacities of Tema terminal.



Amsterdam, 10 September 2019 – Today, Smart Freight Centre and the World Business Council for Sustai... Read more

SANY Boosting Business in Europe for Container Handling Equipment

SANY Europe have had a very busy 1st half of 2019. Several orders have been secured and machines hav... Read more

Port of Muuga strengthened with new ferry connection to Finlan

The Estonian terminal operator HHLA TK Estonia, a fully owned subsidiary of Hamburger Hafen und Logi... Read more

See JCB’S new electric-powered Teletruk at IMHX 2019

On its stand at IMHX 2019 JCB will showcase models from the multi-award winning Teletruk range of te... Read more

Best quarter ever for Port of Antwerp

The total freight volume handled by Port of Antwerp was up 0.7% during the first six months compared... Read more

Yara takes Siwertell ship unloader to the world's furthest reaches

Bruks Siwertell has completed the on-time installation and successful performance tests of a new 600... Read more

View all