There is more encouraging news in the energy sector as Paul Baay the President and Chief Executive officer of Touchstone Exploration company has revealed that the first gas from its Coho discovery to flow in early May with production from its Ortoire discoveries by the end of the year.
This according to Baay will lead to an addition of 100 million standard cubic feet of natural gas to the national production, all of which will go into petrochemicals and electricity.
In an interview with the Business Guardian Baay said, “The first gas that we are looking at Ortoire would be early May and then the second phase that we are looking at, which is the second facility coming on stream would come on in ahh, we are hoping for the start of August time frame.
The first phase is about 10 million standard cubic feet per day (mmscf/d) and the second phase 60 mmscf/d, getting ramped up to 90 mmscf/d during 4th quarter, so by the end of the year about 100 mmscf/d will be coming out of Ortoire.”
