Total to become operator of Ivory Coast terminal project

The CI-GNL (Ivory Coast LNG) consortium led by Total has been awarded the rights to build and operate an LNG re-gasification terminal in Ivory Coast with a capacity of 3mtpa.The re-gasification terminal project is expected to become operational by mid 2018. The decision announced by the Government of the Ivory Coast on October 4th was followed by the signature of the shareholders’ agreement in Abidjan between Total, which will operate the project with a 34% interest, national companies PetroCI (11%) and CI Energies (5%) as well as SOCAR (26%), Shell (13%), Golar (6%) and Endeavor Energy (5%).The project involves the construction of a terminal with an FSRU in Vridi, Abidjan area, and a pipeline connecting the FSRU to existing and planned power plants in Abidjan, as well as to regional markets connected to the Ivorian network.