Ecow-Gas, a recently founded Netherlands-headquartered infrastructure development firm, has plans to develop and operate LNG facilities in various nations across the western part of Africa. The firm hopes that this will further market penetration for the fuel in the region.
Ecow-Gas is a subsidiary of Tema LNG Terminal Company (TLTC), the owner of a new LNG import facility in Ghana, which is due for commissioning very soon.
Ecow Gas has now been given exclusive rights to build and operate storage and regasification facilities in Liberia and Sierra Leone.
Upon commissioning, the terminal in Ghana will serve as the regional LNG hub with a storage capacity of 180,000 cu m, allowing shippers to import small-scale LNG into Liberia and Sierra Leone by refilling from the Tema facility.
This move will greatly improve the overall economics of small-scale for LNG in the region, as the capacity of the terminal cuts down the capital expenditure and credit costs that may be associated with introducing LNG into new locations.
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