Abstract
The environmental impact of greenhouse gases based on natural gas flaring influences the rate of gas recovery around the world. In the Republic of Congo, the natural gas reserve in 2019 is estimated at 90 billion cubic meters (BCM). In this study, from the Congolese gas reserve we used five gas turbines with a capacity of 150 MW each; these five turbines consume 1.69 billion cubic meters (BCM)/year for the power of 273.750 MW and consumption of 6.57 billion kilowatt-hours. The results of this study revealed that an investment capital of 192,305,137 euros was required with a net profit of 9,581,250 euros at an annual rate of return of 4.98% with an investment payback period of approximately 20 years. This will allow the Congolese government to accomplish its policy of valuing gas and developing the country; the electricity produced by the National Petroleum Company of Congo (SNPC) will be sold to the Electrical Energy of Congo (E2C) at 0.06 euro/kWh.
Highlights
The results of this study revealed that an investment capital of 192,305,137 euros was required with a net profit of 9,581,250 euros at an annual rate of return of 4.98% with an investment payback period of approximately 20 years
This will allow the Congolese government to accomplish its policy of valuing gas and developing the country; the electricity produced by the National Petroleum Company of Congo (SNPC) will be sold to the Electrical Energy of Congo (E2C) at 0.06 euro/kWh
The main objective of this study is to apply the gas to wire technology (GTW) from gas reserves in order to contribute to the gas valuation policy
Summary
It should be noted that gas is less valued in the Republic of Congo
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