Benin: LNG Total Signs Gas Supply Agreement with Republic of Benin
Total has entered into the gas supply agreement and the host government agreement with an aim to develop the LNG market in Benin, a country located in West Africa. Under the terms of the agreement, Total will supply up to 0,5 million tonnes per annum of regasified LNG to Benin from its global portfolio.
Cotonou/Benin – Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have recently signed the Gas Supply Agreement and the Host Government Agreement. The contracts involve the development of a Liquefied Natural Gas (LNG) import floating terminal and the supply of up to 0,5 million tonnes per annum (Mtpa) of regasified LNG from Total’s global portfolio to Benin for 15 years, beginning from 2021.
Total will develop and operate the regasification infrastructure that will comprise a floating storage and re-gasification unit (FSRU) located offshore Benin as well as an offshore pipeline connexion 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,” said 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”.
The Energy Minister of Benin, Dona Jean-Claude Houssou, stated, "I congratulate the Total Group on its willingness to support the revitalisation of the energy sector, which is at the heart of the Government's Action Plan (PAG), as evidenced by the signing of the gas import contract. I would like to highlight the Government's efforts to restore Benin's energy independence, which is the foundation of the country's ambitious economic and social development.
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 liquefied natural gas, on preferential terms and will position Benin, capital of the WAPP (West African Power Pool), as the crossroads for gas and electricity in the sub-region.”