Mitsui & Co. appointed key partner for gas production

Atuabo-Gas-Plant

Atuabo-Gas-Plant

Ghana National Petroleum Cor-poration (GNPC) has appointed Mitsui & Co Limited, a Japan-based trading company, to help develop infrastructure for its natural gas production.

According to a statement signed in Accra by the Petroleum Ministry, a Memorandum of Understanding between the GNPC and the Japanese firm was signed Wednesday.

Mitsui would assess how best to construct a second plant to process raw natural gas from the Tano basin, the statement said.

Chinese firm Sinopec International Petroleum Service Corporation was contracted in July 2012 to construct Atuabo Gas Processing Plant, Ghana’s first ever gas processing facility.

The Tano basin is a prolific hydrocarbon province located offshore Ghana with known significant discoveries and producing fields such as Tweneboa and Jubilee.

Ghana, which exports cocoa, gold and oil, is expected to produce about 250 million cubic feet of gas daily by 2018 from its main west Tano basin.

State-owned GNPC has stakes in Ghana’s major oil and gas blocks, including the flagship Jubilee field, and it has plans to become a national supplier of gas.

Ghana produces an average of 100,000 barrels of oil daily and 140 million cubic feet of gas from the Jubilee field, operated by a consortium led by Tullow Oil .

Two other fields, Tweneboa-Enyenra-Ntomme, operated by the consortium, and Sankofa, operated by Italy’s ENI, are expected to come on stream next year and 2017, respectively.

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