The project will allow for regional and domestic LNG demand to be met and make the Ivory Coast the first regional LNG import hub in West Africa. The terminal has a planned capacity of 3 million tpy and operations are expected to start mid-2018.
The consortium shareholders’ agreement was entered into on 24 November 2016 between Total (34%), SOCAR (26%), Shell (13%), Petroci (11%), CI Energies (5%), Golar (6%) and Endeavor Energy (5%). Petro CI and CI-Energies were advised by Gide Loyrette Nouel, and Total by Norton Rose Fulbright. Golar received Ivorian law assistance from Orrick.
