Exploration & Production

Ghanaian licensing round adds to LNG uncertainty

Ghana will put six offshore blocks up for auction this year, but the tender has cast further doubts on the country's LNG import plans Ghana will put six offshore blocks up for auction this year, but the tender has cast further doubts on the country's LNG import plans.
By Verity Ratcliffe 11 May 2018 0 30817
An FPSO off the coast of Ghana. (Anadarko)

Ghana’s Ministry of Energy plans to launch a tender for at least six offshore blocks this year in a bid to mitigate the impact of declining production from the Jubilee field. But while the move may help Ghana’s energy security in the long term, it will add further uncertainty to the country’s already complex LNG import situation.

Imported LNG will continue to play a role in Ghana even if associated gas is found and developed in the new blocks, George Okley, the ministry’s...