RE: Completed on Time (1)8 Feb 2023 00:42
Sound Energy: work on the gas liquefaction plant completed on time.
Bound by two contracts to commercialize gas extracted from the TE-5 well, Sound Energy has made good progress in its project to build the liquefied natural gas processing plant. From 2024, it will be able to supply the private company Afriquia Gaz and, by 2026, the two power plants of the public group ONEE, thanks to the reserves of the Tendrara field estimated at 10 billion cubic meters.
"The liquefaction plant will supply Afriquia Gas from February 2024"
One year after the start of construction work on the liquefied natural gas processing plant, which will supply its private customer Afriquia Gaz, a source close to Sound Energy tells us that the delivery deadlines, which provided for twenty-four months of work, will be respected.
"This liquefaction plant is located near the Tendrara deposit. With a total cost of $127 million, it will make it possible to process the raw gas extracted from the TE-2024 well in early 5, so that it can then be liquefied and marketed by the Afriquia Gas group. Its fleet of tanker trucks will be able to deliver all its customers on Moroccan territory, "says our interlocutor.
"The ONEE pipeline is ready to be built"
To supply the two power plants of ONEE, which had to import gas after the closure of the Maghreb-Europe gas pipeline, Sound Energy has just signed all the land lease contracts necessary for the establishment of a corridor. The latter will house a 120-kilometre pipeline between the TE-5 gas processing plant and GME, which is connected to both plants.
Intended for ONEE, this project will include the construction of another treatment unit connected to a pipeline, to be built in twenty-four months, as well as the drilling of new development wells to be able to secure the supply of Morocco's electricity system.
Barring unforeseen events, the pipeline will be operational from the first half of 2026. It will put an end to current gas imports to supply, from the Oriental field of Tendrara, the two power plants of Tahaddart and Ain Beni Mathar.
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