The Ivory Coast Oil Management Company (GESTOCI) has launched the construction of a new 2,000-tonne butane gas storage sphere. A project that will increase its total storage capacity to 6,000 tonnes by February 2021.
The Management Company of Petroleum Stocks of Côte d’Ivoire (GESTOCI) proceeded, on Tuesday, June 2, to launch the works of the new sphere A22 with a capacity of 2000 tons, at the oil terminal of Abidjan.
At a total cost of 4 billion FCFA (around $ 6.8 million), the construction of this new sphere will make it possible to increase gas storage capacities, estimated at 4,000 tonnes previously to 6,000 tonnes, from February 2021.
GESTOCI has also revealed its ambition by 2025, to acquire another sphere of 4,000 tonnes at the Abidjan depot in order to increase its overall storage capacity to 10,000 tonnes to take account of the increasing level of consumption.
Speaking at the launch, the Ivorian Minister of Petroleum, Energy and Renewable Energies, Abdourahamane Cissé, said that the storage capacity as well as the production capacities of the country’s filling centers amount to 20,000 tonnes in 2019. Butane gas consumption is approximately 380,000 metric tonnes (MT).
Source: Agence Ecofin