ACE Energy and Power Consults are proposing a partnership opportunity for the ACE LEKKI LNG project, leveraging their extensive network in the integrated gas value chain.

The project is divided into two phases:

Phase 1: The initial phase focuses on a 2 X 45 million standard cubic feet per day (MMSCFd) LNG train using Cryosys modularized technology, allowing for the commercialization of 90MMSCFd of gas.

Gas feedstock is secured from OML 96, with the possibility of partnering with Boaz in the FTSA, and additional feedstock available from OML 26.

Midstream gas supply is guaranteed. The target maximum gas delivery price is $3.5/MCF, offering substantial profit margins for both local and international markets, translating to a gross revenue of at least $450 million per year, exclusive of processing and shipping costs.

Phase 2: The second phase involves expanding capacity by another 2 X 45MMSCFd to achieve a total capacity of 180MMSCFd. Upstream assets and capacity expansion of midstream gas processing plants will ensure a continuous gas supply as long as a securitized Gas Sales Agreement (GSA) exists.

Tie-in lines into the West African Gas Pipeline (WAGP) are needed, along with upfront gas conditioning units to address gas quality concerns.