The government is positioned to enter into an agreement with Bahamas Utilities Holdings Limited (BUH), which is partnering with Shell Bahamas Power Company, for the generation of utility-scale solar energy and liquefied natural gas (LNG) for distribution by Bahamas Power and Light (BPL). Guardian Business understands that BUH – a wholly owned subsidiary of FOCOL
Tema LNG Terminal Co, the company which owns the Tema LNG import terminal, was over-optimistic in its forecast of the date for Shell s first LNG delivery to the terminal.
Ghana’s state-owned oil company is progressing with plans to sell liquefied natural gas throughout West Africa after shipments of the fuel begin to flow to an import terminal this year.