Côte d’Ivoire: Total to operate LNG import scheme
Issue 336
- 08 Dec 2016
| 2 minute read
A consortium led by Total has been awarded the rights to build and operate a 3m t/yr liquefied natural gas (LNG) regasification terminal at Abidjan’s Vridi port to meet growing demand from the power sector. A partnership agreement on 4 October was followed by the signing of a shareholders’ agreement between Total, which will operate the project with a 34% interest, Ivorian state companies Petroci (11%) and Société des Energies de Côte d’Ivoire (CI-Energies, 5%) as well as State Oil Company of the Azerbaijan Republic (Socar, 26%), Royal Dutch Shell (13%), Golar (6%) and Endeavor Energy (5%).
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