
Tuesday, June 23, 2015
The Economic Community of West African States (ECOWAS) and Penspen announced the completion of contract signing which will allow for a formal start to the feasibility study examining the current West African Gas Pipeline (WAGP) system performance and its possible future network extension to other ECOWAS states.
The study will assess how WAGP has performed since its completion in 2010 and what measures need to be taken to optimize its operation. The work includes a technical and economic analysis of the extension of the pipeline conditions. Market assessments will be made of possible ECOWAS countries to consider where network extension can be substantiated and estimates of the required investments will be made to quantify costs and benefits.
There have been a variety of issues with the WAGP since its completion, including security issues which have led it to be shut in on more than one occasion.
The Penspen study is planned to take 18 months and will include a number of validation workshops to review progress and study results involving experts from ECOWAS member states and sub-regional institutions.
Peter O’Sullivan, CEO of Penspen said: “The signing of the contract for this significant study marks yet another occasion where the critical early phase abilities and experience of Penspen has been recognized by multi-nation clients. This study builds on our established work and reputation gained for other feasibility study work on major projects such as Kampala-Kigali, AGRI, TAPI and Trans Sahara.”