Subscribe to Updates

    Get the latest creative news from Papa Linc about art, design and business.

    What's Hot

    Man collapses after discovering his wife owns the house they’ve lived in for years and he pays rent for

    August 8, 2022

    “If you are not a Catholic, you are a pagan” – Twitter user tells Christians

    August 8, 2022

    Thornton Heath fire: House collapses in south London following massive explosion

    August 8, 2022
    Facebook Twitter Instagram
    Trending
    • Man collapses after discovering his wife owns the house they’ve lived in for years and he pays rent for
    • “If you are not a Catholic, you are a pagan” – Twitter user tells Christians
    • Thornton Heath fire: House collapses in south London following massive explosion
    • August 5, 2022 Russia-Ukraine news
    • Drake Calls Lil Wayne & Nicki Minaj Greatest Rappers of All Time | News
    • Gateway Real Estate Africa, Appolonia City open first commercial office building
    • “On God” – Shatta Wale’s Song Played At Stadio Olimpico As AS Roma Unveil Players For 2022-2023 Season
    • Actress, Regina Daniels reacts after Somadina left a comment on her post (video)
    Login
    Monday, August 8
    MC PAPA LINC
    • News
      • International
    • Entertainment
      • Interviews
      • Music
      • Movies
    • Politics
    • Sports
    • LINC Radio
    • Live TV
    Facebook Twitter Instagram
    MC PAPA LINC
    Home » News » Sahara Group’s SAPET GAS Sails Clean History Into Cote D’Ivoire To Promote Energy Transition | Business News

    Sahara Group’s SAPET GAS Sails Clean History Into Cote D’Ivoire To Promote Energy Transition | Business News

    Papa LincBy Papa LincJuly 27, 2022No Comments
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Ivorian National shores welcomed a whiff of clean energy as SAPET GAS, the pioneer Liquefied Petroleum Gas (LPG) vessel to be named under Ivorian origin and carry the national flag, made its historic maiden voyage to Cote D’Ivoire.

    Commissioned last May in Ulsan, South Korea, the 23,000 cubic meter capacity vessel which cost CFA 26 billion was received by Excellence Mamadou Sangafowa Coulibaly, Minister of Energy, Vamissa Bamba, Director General, Petroci, Temitope Shonubi,  Executive Director, Sahara Group, Wale Ajibade,  Executive Director,  Sahara Group,  Soro Tiotioho, Director General, Societe, Ivoirienne de Raffinage (SIR), Kam SIE, Chairman SAPET Energy, Olayemi Odutola, Managing Director, SAPET Energy, and Mayor of the Municipality of Port-Bouët, Dr. Sylvestre Emmou, among others.

    SAPET GAS will enhance butane supply, availability, efficiency and distribution in Cote D’Ivoire to spur economic development and safeguard the well-being of over 28 million Ivorians, being a clean fuel. It will also help facilitate access to the commodity for over 50 million people in neighbouring countries.

    Energy Minister, Sangafowa Coulibaly said the government had subsidised butane gas across the nation to increase accessibility, reduce and ultimately eliminate the use of firewood by households. “This policy has made it possible to significantly increase the national consumption of butane gas, which has thus increased from 150,000 MT in 2012 to 510,000 MT in 2021; That is an average growth of 14% per year. I salute the PETROCI/SAHARA partnership, and in particular, the Sahara Group for investing in the acquisition of this vessel dedicated exclusively to importation of butane gas into our country,” he said.

    According to Temitope Shonubi,  Executive Director, Sahara Group, facilitating investment in gas infrastructure and supply reinforces the company’s commitment to driving energy transition in Africa. “We are privileged and delighted to work with the government and good people of Cote D’Ivoire to make clean energy accessible to all Ivorians.  For Sahara, SAPET GAS is an affirmation of our commitment to Cote D’Ivoire. We made a promise and we have delivered.” he said.

    Bamba, the Petroci DG, commended Sahara Group for working assiduously and harmoniously with all stakeholders since the energy conglomerate began operations in Cote D’Ivoire. He said the partnership, SAPET ENERGY, commenced in October 07, 2020 when the first stone for the construction of three butane spheres with a total capacity of 12,000 Tons was laid to enhance the butanisation policy.

    “This storage infrastructure will increase existing storage capacities and can take us from 15 to 30 days of self-consumption. SAPET GAS will guarantee the supply of butane gas to our country under good conditions of safety and quality,” he added.  The Mayor of the Municipality of Port-Bouët, Dr. Sylvestre EMMOU said the Port would play its strategic role of ensuring the maritime industry contributes its quota to promoting access to energy solutions in Cote D’Ivoire.

    “This storage infrastructure will increase existing storage capacities and can take us from 15 to 30 days of self-consumption. SAPET GAS will guarantee the supply of butane gas to our country under good conditions of safety and quality,” he added.

    Named after the joint venture between Sahara and Petroci (National Oil Company), SAPET GAS will be instrumental to realising the supply of about 1,000,000 tonnes of LPG to Cote D’Ivoire over the next three years. This will be alongside other vessels, Africa Gas,  Sahara Gas and Barumk which are affiiated with energy and infrastructure conglomerate, Sahara Group.

    Sahara Group’s partnership with Petroci continues to increase access to gas as a cleaner fuel option with over CFA 279 billion invested since 2014. SAPET’s 12KT LPG storage facility project remains on course. The facility upon completion will promote supply,  distribution and access to cleaner fuels in Cote D’Ivoire, Mali, Burkina Faso and Guinea, among others.

    Investments in gas vessels are on the rise globally with a total of 28 new medium and handy gas carriers expected over the next two years with 18 percent of them focusing on Sub-Saharan Africa.

    The growth in LPG market is driven by the following factors: low per capital consumption with scope for growth; population growth and urbanization, and potential to substitute kerosene/ biomass in domestic sector as well as move towards cleaner fuels.

    Source: Peacefmonline.com/Ghana

     

     

    Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.

    Featured Video



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGhana Police Service reacts to reports labeling it as most corrupt institution
    Next Article Viktor Bout: The Russian arms dealer touted for US prisoner swap
    Papa Linc

    Related Posts

    “If you are not a Catholic, you are a pagan” – Twitter user tells Christians

    August 8, 2022

    Drake Calls Lil Wayne & Nicki Minaj Greatest Rappers of All Time | News

    August 8, 2022

    Actress, Regina Daniels reacts after Somadina left a comment on her post (video)

    August 8, 2022

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Entertainment

    Man collapses after discovering his wife owns the house they’ve lived in for years and he pays rent for

    By Papa LincAugust 8, 20220

    A Zambian man, identified as Martin Stampa, was left in shock and reportedly slumped after…

    “If you are not a Catholic, you are a pagan” – Twitter user tells Christians

    August 8, 2022

    Thornton Heath fire: House collapses in south London following massive explosion

    August 8, 2022

    August 5, 2022 Russia-Ukraine news

    August 8, 2022

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Advertise with us
    Advertise with us

    Reach out to us at ads@papalinc.com or +17189246727 to advertise with us.

    Latest Posts

    Man collapses after discovering his wife owns the house they’ve lived in for years and he pays rent for

    August 8, 2022

    “If you are not a Catholic, you are a pagan” – Twitter user tells Christians

    August 8, 2022

    Thornton Heath fire: House collapses in south London following massive explosion

    August 8, 2022
    MC PAPA LINC
    Facebook Twitter Instagram YouTube WhatsApp
    © 2022PAPA LINC. Designed by LiveTechON LLC.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.