A development consortium building Ghana’s first LNG import terminal is expected to either buy or charter an existing LNG carrier before the end of this year to modify for use as a floating storage unit (FSU).

Tema LNG Terminal Co (TLTC), which is led by African-focused fund Helios Investment Partners and includes LNG infrastructure provider Gasfin Development, has been looking for a minimum-sized ship of 127,000 cbm or more in capacity.