Project Profile
Value: US$107 million
Location: 45 km northeast of the port city of Gentil, Gabon
Crude processing capacity: 200,000 tonnes per year
Pipeline: 58.6 km
Sinopec has started engineering, procurement, construction and commissioning work on the Akondo oilfield in Gabon. Sinopec had entered the commercial development stage at the field with exclusive development rights granted by the Gabonese government. The start of the EPCC work will see Sinopec invest US$107 million for the construction of a 200,000 tonnes per year crude processing plant and 58.6-kilometre pipeline. Sinopec started exploration work in 2005 on the Akondo oilfield which lies about 45 kilometres northeast of the port city of Gentil.
Operators:
Sinopec: Operator with 100% interest