Ghana leads sub-Saharan Africa’s FSRU race

By Abhishek Kumar 2 December 2016
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Ghana is moving ahead with two FSRU projects at the Port of Tema as the country diversifies its power-generation portfolio. (Jonathan Ernst, World Bank) Ghana is moving ahead with two FSRU projects at the Port of Tema as the country diversifies its power-generation portfolio. (Jonathan Ernst, World Bank)

Directional impact on forecast:
Bullish on LNG prices

Ghana is on the brink of becoming the first LNG importer in sub-Saharan Africa and expects to bring its maiden FSRU online in Q1 2017. However, the country also wants to diversify its power-generation portfolio further, and it sees potential in gas and LNG. Consequently, plans to install Ghana’s second FSRU are also progressing well.

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