Ghana Hosts International LNG Workshop

Ghana Hosts International LNG Workshop

The Ministry of Energy and Petroleum (MoEP) in collaboration with Quantum Power Ghana Gas Ltd will hold a two-day international workshop on LNG negotiations for stakeholders in the gas industry on September 26 and 27, 2013, according to a statement by the ministry.

“Government believes that to raise living standards through industrialisation and to become a regional electrical power hub for the West Africa sub-region, Ghana must supplement its indigenous gas production and supplies from Nigeria with LNG imports”, said a news release from MoEP copied to the Ghana News Agency on Tuesday.

The Ministry is encouraging a creative private sector-led LNG solution for Ghana in which power generators could arrange imports of LNG to feed their businesses.

The statement also said that Quantum Power Ghana Gas is currently developing LNG reception, storage, regasification and delivery infrastructure to support LNG imports by industrial scale gas users in Tema.

The Ministry of Energy and Petroleum is providing concrete support to such private LNG initiatives in two ways. It is providing technical capacity-building for gas stakeholders.  Additionally, in order to achieve the lowest possible priced LNG, the Ministry is engaging friendly LNG exporting Governments to support term LNG supply agreements to off-takers in Ghana”, the statement indicated.

It said the LNG workshop which will take place at Labadi Beach Hotel in Accra, will be run by internationally recognised LNG experts who will lead discussions on global and Atlantic basin LNG markets, commercial and technical agreements involved in establishing an LNG supply chain, and key commercial and legal issues that drove LNG supply negotiations.

LNG World News Staff, September 27, 2013

Share this article

Follow LNG World News

Events>

<< Feb 2016 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 1 2 3 4 5 6

Floating LNG

SMi’s 4th annual Floating LNG conference will feature an array of keynote addresses…

read more >

East Africa Oil and Gas Summit & Exhibition (EAOGS)

Now in its 4th year EAOGS once again has the official endorsement of the Ministry of Energy & Petroleum Kenya…

read more >

FLNG Safety Design Approach

The concept of FLNG, Floating Unit with topside Natural Gas Liquefaction Plant, has never been implemented so far in the world…

read more >

LNG Pricing, Trading & Risk Management – Singapore 2016

The global LNG market is rapidly growing in size and complexity…

read more >