Total to Develop LNG Imports in Benin
July 25 2019 - 1:58AM
Dow Jones News
By Nathan Allen
Total SA (FP.FR) said late Wednesday that it has signed an
agreement with the Republic of Benin and its national electricity
company Societe Beninoise d'Energie Electrique to import liquified
natural gas to the country.
Under the agreement, Total will develop an offshore
regasification platform to convert LNG imports back into gas and a
pipeline to transport the gas to shore.
The French oil major agreed to supply up to 500,000 metric tons
of LNG a year from its global portfolio to Benin, starting in
2021.
"Access to LNG will help Benin to meet growing domestic energy
demand and add more natural gas to the country's current energy
mix," Senior Vice President Gas Laurent Vivier said.
Total recently acquired Anadarko Petroleum Corp.'s (APC)
extensive portfolio of African LNG assets, including fields in
Ghana, Mozambique and South Africa.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 25, 2019 01:43 ET (05:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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