Ghana will soon be importing LNG
Ghana prepares for LNG imports
Robert Besseling, CEO of specialist intelligence company Pangea-Risk, explains why Ghana is about to start importing LNG despite having oil and gas reserves of its own
Ghana is poised to start importing LNG rather than using its own sizeable oil and gas reserves to meet its domestic energy requirements. Despite this, the country remains an attractive destination for IOCs to invest in, says Robert Besseling, CEO of specialist intelligence company Pangea-Risk. The 2mn t/yr Tema LNG project is due to receive its first cargo later this month, marking Ghana’s first seaborne gas imports. Tema is led by private equity firm Helios Investments and comprises a floating regasification unit and a gas carrier for storage. The project had previously been scheduled to start operating in mid-2020. Ghana has “decent” oil and gas reserves, but they are located in the west o
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
