Total, the Republic of Benin and Société Béninoise d'Energie Electrique have signed agreements to develop a LNG import floating terminal offshore of Benin.
The agreements also cover the supply of up to 0.5 million tonnes per annum of regasified LNG from Total's global portfolio to Benin for 15 years, starting in 2021.
Total will develop and operate the regasification infrastructure that will comprise a floating storage and re-gasification unit located offshore Benin and an offshore pipeline connection to the existing and planned power plants in Maria Gléta.
Laurent Vivier, senior vice president gas at Total, says: 'This project is in line with Total's strategy to develop new gas markets by unlocking access to LNG for fast-growing economies. We are very pleased to have been entrusted by the Benin authorities to develop LNG imports and support a broad adoption of natural gas in the country.
'Access to LNG will help Benin to meet growing domestic energy demand and add more natural gas to the country's current energy mix, hence reducing its carbon intensity.'
Dona Jean-Claude Houssou, minister of energy of Benin, says that the new 127 MV power station at Maria Gléta, with imported liquefied natural gas, on preferential terms and will position Benin as the crossroads for gas and electricity in the subregion.
A new deepwater midstream frontierRegulatory update for US tank terminal operators Capturing hidden storage opportunities Make room for the boom From short to long - the US oil revolution Optimising the US Gulf Coast energy potential Storage stability amid a mixed production picture in the Americas Storage for Europe's energy transition Storage for a growing product market Should the industry rethink storage tank fire protection