Universal LNG, Sembcorp Marine Pact for West Africa LNG Development
Universal LNG Holdings has launched West Africa LNG Development, a ground-breaking solution partnership between Universal LNG Holdings and Sembcorp Marine Group Company.
With Sembcorp Marine's wholly owned subsidiary Jurong Shipyard participation, West Africa LNG Development is poised to set a new, greener standard for global oil production and supply Africa with needed energy resources.
By addressing the offshore associate gas needs of the African continent, West Africa LNG Development will reduce pollution globally and improve lives regionally.
"By aligning ourselves with Sembcorp Marine's global leading GraviFloat technology platform, we will make a difference globally and improve the quality of life for underserved people of the African continent," said Jeffrey Liu, CEO/Chairman of Universal LNG Holdings, Inc. "We are very proud of our affiliation with Sembcorp Marine and feel they are the right kind of technology partner to make this dream a reality."
"Africa is thirsty for energy, and the GraviFloat offshore solution brings modularity, scalability and a much more affordable solution for the region," said William Gu, General Manager of Sembcorp Marine, a global leader in the offshore and marine industry out of Singapore. "This partnership represents a significant new opportunity for the continent, as Africa will receive the resources it needs to supply electricity and running water to underdeveloped regions."
Only 30% of Sub-Saharan Africans have access to electricity, and planned and unplanned blackouts are a daily occurrence in West Africa, despite modest electricity usage among its 300 million inhabitants.
