The Tema LNG Terminal Company Ltd has closed a deal worth $350m with China Harbour Engineering Company, for the construction of a Liquefied Natural Gas (LNG) Terminal to be located in Tema. Tema LNG Terminal Company Ltd, an organisation managed by Helios Investment Partners, the world's largest Africa-focused private equity fund, will deliver an annual revenue in excess of $6 million to Ghana Ports and Harbours Authority throughout the total concession period. The LNG Terminal started with a 12-year gas supply agreement that was achieved between the Ghana National Petroleum Corporation (GNPC) and Rosneft, a global LNG trader and the world's largest listed oil producer. Rosneft subsequently engaged Tema LNG Terminal Company for the provision of the regasification services.