Ghana: Quantum and Golar sign LNG agreement
Issue 283
- 09 Aug 2014
| 2 minute read
Quantum Power Ghana Gas has signed an agreement with Golar LNG to construct a $500m floating liquefied natural gas (LNG) import terminal near the port of Tema. Quantum Power, a subsidiary of Israeli billionaire Idan Ofer’s Quantum Pacific Group, signed a memorandum of understanding in October 2013 with Ghana’s Ministry of Energy and Petroleum to develop LNG infrastructure at Tema port and work with the authorities to source LNG for national and regional use. It set a target date for first gas of 2016.
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