Eni starts gas production at OCTP

Eni started gas production from its offshore oil and gas Offshore Cape Three Points project (OCTP) off Ghana, more than a year after the start of oil production.

The Italian major began Sankofa-Gye gas production The Nyame field via the floating, storage and unloading production unit of John Agyekum Kufuor last weekend, confirmed Wednesday [19659002] Eni had previously announced that he was waiting to receive gas from OCTP in the first half of 19459005.

The gas will be compressed on the float before entering the network Ghana's

production began with two of the four deep-water wells, but the project will eventually provide 180 million cubic feet per year. "The OCT is the only non-badociated deepwater offshore gas development entirely dedicated to consumption and will ensure stable, reliable and affordable gas supplies in Ghana, "he added. said. [19659002] "The project was developed with the support of the World Bank, and it has strategic relevance: the OCTP gas can help Ghana to move from oil production to a source cleaner energy with financial and environmental benefits Contribute to sustainable economic development of the country. "

Managing Director Claudio Descalzi added:" OCTP combines value creation with social and environmental sustainability. will contribute to Ghana's energy stability, which is a prerequisite for industrial and economic growth, while helping to reduce harmful emissions. "

Outlook Illuminates in Ghana

First Oil Production ] to the project The field in the Tano Basin, 60 kilometers off the west coast, appeared in May of last year, two and a half years after the development plan, and three months later. is earlier than expected. The FPSO was wholly owned by the Malaysian floating production company Yinson Holdings, but a year ago, was selling 26% of the capital (19459005) in the float – via Yinson Production (West Africa ) – between 104 and 117 dollars. A Japanese consortium including Sumitomo, JGC, K Line and the Development Bank of Japan