Elton Group will invest approximately $ 121 million (FCfa 70 billion) as a gas terminal concessionaire in the Autonomous Port of Dakar, which demonstrates the company’s growing role in Senegal’s gas energy transition. The multiphase project will involve the construction of a gas terminal for the production, storage, regasification and distribution of Liquefied Natural Gas (LNG), with a storage capacity of 140,000 m³.

The gas terminal will serve as a logistical solution by supplying LNG to energy-producing users, industries, cement companies, mining companies, LNG-powered vessels and neighboring countries “, said Abderrahmane Ndiaye, Elton’s president. In addition to strengthening the national gas value chain , the project will generate indirect and direct jobs through its construction and operation,
“The purpose of the gas terminal will be to provide a logistical solution by providing LNG to energy-producing users, industries, cement plants, mining companies, LNG-powered ships and neighboring countries,” said Abderrahmane Ndiaye, president of Elton. In addition to strengthening the national gas value chain, the project will generate indirect and direct jobs through its construction and operation. It will also represent one of the first projects of its kind in the region. “In fact, it would be the first port capable of accommodating ships that use LNG as fuel, which will give it a significant competitive advantage over other ports in the sub-region,” added Ndiaye. Elton is a Senegalese oil distribution company with operations in Senegal and Gâm

Source: www.africaoilandpower.com