Equatorial Guinea to build West Africa’s first LNG storage and regas plant
Christian Fernsby | ▼ August 21, 2019
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources through the creation of a domestic gas-to-power infrastructure.
Article continues below
Topics: GUINEA LNG
Located at the Port of Akonikien on the country’s mainland, the plant will enable the transportation and storage of LNG from the EG LNG plant at the Punta Europa Gas Complex on Bioko Island, to Akonikien on the southern border of the mainland.
It will then be fed into the regasification plant to be distributed to smaller-scale power plants and LNG power stations throughout the country, as well as exported to neighboring countries.
The Akonikien project is the first gas-to-power development in Equatorial Guinea’s LNG2Africa initiative.
Launched by the Ministry of Mines and Hydrocarbons in 2018, the initiative seeks to facilitate the production and trade of LNG through the creation of a domestic gas-to-power infrastructure and intra-African LNG industry.
Spearheaded by local construction and engineering firm Elite Construcciones, the plant will have a storage capacity of 14,000 cubic meters with 12 bullet tanks.
The tanks are currently the largest factory-built cryogenic bullet tanks in the world with a capacity of 1,228 cubic meters and dimensions of 31 meters by 9.3 meters by 8.8 meters.
Built by American manufacturer Corban Energy Group, each tank is estimated to require 12 hours to complete the 12,000-meter distance from the port to the new plant.
Elite Construcciones is also installing a truck loading station and 12 kilometers of 10-inch gas and diesel pipelines.
Other major suppliers include pipe supplier PFF Group, who manufactured 12,400 meters of pipes, shipping agents D&B Shipping Ltd.
who facilitated the shipment of 22 40-foot open-top containers, and Meakin Logistics UK.
Elite Construcciones also worked closely with German companies Noorwerk and ESC on the design and construction of the plant. ■ What to read next
On Sunday, low pressure over the Western Ohio Valley will move northeastward to Southeastern Canada by Monday.
Latest WhatsApp data leak puts 487m records for sale
U.S. allows resumption of limited oil extraction by Chevron in Venezuela
Unthinkable happened: Protesters in China talk about Tiananmen, shout 'Xi Jinping, step down! We want freedom!'
First all-cargo route opens in China's first professional cargo hub airport
Belarusian foreign minister dies at the age of 64
Myanmar seizes happy water, large quantity of drugs
Indian space agency launches satellite jointly developed with Bhutan
Cyber financial crime: $130 million intercepted in INTERPOL police operation
Italy: EPPO seizes €24 million in investigation for tax evasion on imported fuels
Third runway at Hong Kong International Airport officially commissioned
Hengqin Line's landmark undersea tunnel connects Guangdong, Macao
EirGrid and RTE sign technical and financial agreements for Celtic Interconnector
Zuunbayan-Khangi railway set to deliver major boost to Mongolian exports and economy
Europe pours billions into Serbian Belgrade-Niš rail line
Ukrainan president announces launch of Grain from Ukraine program
U.S. bans Huawei, ZTE equipment over security risk
U.S. excludes oil for Japan from Russia's Sakhalin-2 from price cap
$15 million fast-tracked to fix roads in central and western NSW
New York Governor: Shop locally on Small Business Saturday
Today We Recommend Highlights
BMW invests EUR2 billion in Hungarian plant, will create 500+ jobs
Phantom Space gets four new NASA task orders
Gascade completes first LNG link to German gas network
Veon to unload Russian operations for $2.1 billion
Amazon workers called to strike across globe on Black Friday
Walt Disney fires CEO Bob Chapek, returns Robert A. Iger
Appian appoints Silvio Lima as head of corporate affairs
Appia Rare Earths appoints Irvine R. Annesley as vice president
Charwood Energy appoints Pierre-Yves Lefebvre as CFO
Moon Surgical appoints Mark Toland as director
German economy grows more than initially estimated in Q3
Poland: Retail sales record slowest growth since February in October
Russia: Decline in industrial activity softens in October
Argentina: Merchandise exports decline in October
Argentina: Economic activity growth drops to six-month low in September
CMA CGM Q3 revenue $19.9 billion
G. Willi-Food Q3 sales increased by 16.6%
Deere Q4 net income $2.246 billion
Nordstrom Q3 net loss $20 million
VMware Q3 revenue $3.21 billion
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Bulgaria and Germany will receive substantial funding from EU for maritime affairs, fisheries, aquaculture by 2027
Authorities introduce Swiss-wide anti-bird flu measures
Ghana: African Development Fund approves $27.9m grant for Savannah Agriculture Value Chain Development Project
Maine delegation and Governor Mills urge national retailers to continue selling Maine lobster
Uruguay will be able to export sorghum to China for human and animal consumption
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
Established employees need adjustment period with new work colleagues
New Zealand fines Southland fishing company $40,000
Italy's antitrust fines Edison Energia 3.8 mln euros over unfair practices
FTC secures monetary judgment in deceptive energy savings claims case
Croatian Competition Agency fines dairy processing company PIK Rijeka $13,740 for imposing unfair trading practices
SEC charges S&P Global Ratings with conflict of interest violations
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
Abu Dhabi welcomes visitors to discover experiences at their own pace
Christmas Nights of Lights started in Indiana
Okinawa International Carnival, a parade of unique foreigners groups
2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
BMW M2, fast beast in small package
Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
Virgin Islands community encouraged to prevent antimicrobial resistance
Shionogi seeks Japan approval for COVID-19 vaccine
French doctors warn of antibiotics shortage
Merck's Keytruda shows survival benefit, meets main goal of gastric cancer trial
UK about fake vape factories: Consumers would be horrified if they saw the conditions in Chinese factories
European Space Agency presents new generation of astronauts
NASA selects Rocket Lab to launch TROPICS mission
World's heaviest flying bird heals itself with plants used in traditional medicine
James Webb Space Telescope reveals an exoplanet atmosphere as never seen before
U.S. to demolish four dams in river restoration effort