Total to develop LNG market in Benin
Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed a gas supply agreement and host government agreement for the development of an LNG import floating terminal and the supply of up to 0.5mn t/y of regasified LNG from Total’s global portfolio to Benin for 15 years, starting in 2021.
Total will develop and operate the regasification infrastructure that will comprise a floating storage and re-gasification unit (FSRU) located offshore Benin and an offshore pipeline connection to the existing and planned power plants in Maria Gléta.
‘This project is in line with Total’s strategy to develop new gas markets by unlocking access to LNG for fast-growing economies. We are very pleased to have been entrusted by the Benin authorities to develop LNG imports and support a broad adoption of natural gas in the country,’ says Laurent Vivier, Senior Vice President Gas at Total. ‘Access to LNG will help Benin to meet growing domestic energy demand and add more natural gas to the country’s current energy mix, hence reducing its carbon intensity.’
Commenting on the announcement, the Minister of Energy of Benin, Dona Jean-Claude Houssou, highlighted the government’s efforts to restore Benin’s energy independence, stating: ‘The new legislative framework fosters the participation of private capital in the energy sector and is manifested in independent thermal, solar and hydroelectric power generation projects. The gas import project will supply plants in Benin, such as the new 127 MW power station at Maria Gléta, with imported LNG, on preferential terms and will position Benin, capital of the WAPP (West African Power Pool), as the crossroads for gas and electricity in the subregion.’