01
Feb
2019

Go west: Grand Tortue FID draws new LNG frontier

Only Subscribers can read the full Article

Many in the LNG industry were surprised by the final investment decision (FID) on the first, 2.5 mtpa phase of the Greater Tortue Ahmeyim – or Grand Tortue – floating liquefaction (FLNG) project, announced by BP and partners on 21 December. In the months leading to the announcement, BP said time and time again that it was aiming for FID on the project, which straddles the maritime border of Mauritania and Senegal, but due to its apparent complexity, a 2018 go-ahead was seen by sceptics as unrealistic.

But if everything goes according to plan and first gas from Grand Tortue is supplied, as stated in BP’s December announcement, in 2022, it would be one of the fastest new supply start-ups in the LNG industry’s history. Also, with BP having agreed to lift the entire LNG output of phase one, Grand Tortue would represent yet another project where an IOC taking volume risk helped ‘make it happen’.

Subscription Benefits

Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

LNG Business Review

LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.

Gas Matters

Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.

Gas Matters Today

Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.