By Akanimo Sampson
With its ongoing, gas project, the port of Dakar is bracing for an enviable status in the Liquefied Natural Gas (LNG) storage in the sub-region.
Abderrahmane Ndiaye, President of Elton Group, a downstream of the oil and gas industry says the port will have a significant competitive advantage over other ports in the region.
The port’s Gas Terminal project is receiving a financial boost from Elton.
The Elton Group is a distributor of petroleum products and other related services, and automotive assembling services in Senegal, and The Gambia.
The Dakar the headquartered company announced its willingness to invest approximately $ 121 million as the concessionaire of the proposed gas terminal at the Autonomous Port of Dakar, signifying its growing role in Senegal’s gas-powered energy transition.
The multi-phased Port of Dakar Gas Terminal Project will involve the construction of a gas terminal for the production, storage, regasification, and distribution of LNG, featuring a storage capacity of 140,000 m³.
The objective of the gas terminal according to Ndiaye, is to offer a logistical solution by providing LNG to the users including energy producers, industries, cement plants, mining companies, LNG-powered vessels, and neighbouring countries.
In addition to strengthening the domestic gas value chain, the project will also generate indirect and direct employment straight from its construction to the operation phase.
It will also be the first project of its kind in the region owing to its ability to accommodate ships using LNG as fuel. This, he insists will give the gas facility a significant competitive advantage over other ports in the sub-region.
