Guinea LNG Terminal

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Guinea LNG Terminal is a proposed liquefied natural gas (LNG) import and export terminal in Guinea.[1]

Location

The terminal is proposed to be located at the Port of Kamsar, Guinea.[1]

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Project details

Import Terminal

  • Operator:
  • Owner: West Africa LNG Group[1]
  • Parent company: AfricaGlobal Schaffer[1]
  • Location: Port of Kamsar, Kamsar, Guinea[1]
  • Coordinates: 10.6523, -14.6149 (approximate)
  • Capacity:
  • Status: Proposed[1]
  • Type: Import
  • Start year: 2023[1]
  • Cost: US$300 million[1]
  • Financing: Equity from U.S.-based investor[2]
  • FID status:
  • Associated infrastructure:

Export Terminal

  • Operator:
  • Owner: West Africa LNG Group (WALNG)[1]
  • Parent company: AfricaGlobal Schaffer[1]
  • Location: Port of Kamsar, Kamsar, Guinea[1]
  • Coordinates: 10.6523, -14.6149 (approximate)
  • Capacity:
  • Trains:
  • Status: Proposed[1]
  • Type: Export
  • Start year: 2023[1]
  • Cost: US$300 million[1]
  • Financing: Equity from U.S.-based investor[2]
  • FID status:
  • Associated infrastructure:

Background

In May 2022, Guinea announced the construction of a new US$300 million phased Liquefied Natural Gas (LNG) provision and distribution network which includes a full-service LNG receiving terminal, a liquefaction plant and an export terminal. The facility is part of a plan to stimulate Guinea's mining sector. The project was initially conceived through a 2019 feasibility study funded by the US Trade and Development Agency.

In August 2022, West Africa LNG Group (WALNG) announced that it had closed on an equity finance round with a U.S.-based investor group. WALNG did not disclose the identity of the investor.[2]

Articles and resources

References

  1. 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 "Guinea-Conakry: New LNG Port to Power Mining Sector". 2022-05-31. Retrieved 2022-06-08.
  2. 2.0 2.1 2.2 West African LNG. "West Africa LNG Group Secures Bridge Financing for LNG Import Terminal in Guinea". www.prnewswire.com. Retrieved 2023-08-10.

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External resources

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