Golar agrees to provide FSRU for Ghana gas imports
Ghana could be the first country in sub-Saharan Africa to play host to a floating storage and regasification unit (FSRU)
Golar said on 4 November that it would provide WAGL with the newbuild 170,000cm Golar Tundra FSRU, which is being delivered from Samsung’s South Korean shipyard via Singapore later in November. WAGL is jointly owned by Nigerian National Petroleum Corporation (60%) and Sahara Energy Resource (40%). The contract will run for five years initially, with the option for WAGL to extend it for a further five years. Scheduled start up for the project is the second quarter 2016. Golar estimates the contract’s first-year earnings before interest, taxes, depreciation and amortization will be $44m. In October, Golar announced it had secured financing for the Golar Tundra, which it said would cost up to $
Also in this section
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
22 April 2026
Sustained strikes on ports, terminals and refineries are testing the resilience of Russia’s oil export system, yet rapid repairs, rerouting and surging prices mean the campaign has yet to deliver a decisive blow
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
