Perenco, an independent Anglo-French oil and gas company headquartered in London and Paris, has announced plans for the construction of a domestic liquefied petroleum gas production plant in Batanga, province of Ogooué Maritime, Gabon, one of the countries where it conducts oil and gas exploration and production activities.
Adrien Broche, the new general manager of the oil company which is now the country’s leading oil company in terms of assets said, “We have launched with the State of Gabon a major Liquefied Petroleum Gas (LPG) production plant project that will take place in Batanga in Ogooué Maritime.
The technical studies have already been completed, the equipment will be ordered before the end of the year and work will begin next year. Upon completion, this project will make it possible to produce approximately 10,000 tonnes per year of domestic gas by 2023. This gas is expected to reduce the West African country’s imports, and develop gas within the country, “explained Adrien Broche.
Significance of the project
Reportedly, this project supports the ambition of Perenco to diversify its portfolio by highlighting the country’s gas potential.
It also promotes the Transformation Acceleration Plan (PAT), which has placed the optimization of domestic gas production among its priorities. In this context, the gas strategy put in place by the Gabonese authorities also aims to ensure its autonomy in terms of consumption of this product for households.
Developed in a country that has significant gas potential with proven gas reserves estimated at over 100 billion m3, this Liquefied Petroleum Gas (LPG) production plant project should, in addition to promoting the reduction of imports in the medium term, offer new opportunities, particularly in terms of employability, something that could, in the long term, promote the creation of a new value chain.
Source: Construction Review Online