Angola LNG Shipped Second Cargo

Angola LNG Shipped Second Cargo

Angola’s liquefied natural gas (LNG) export plant launched a tender to sell its second post-shutdown cargo, loading in early October, Reuters reported.

This comes as a spokeswoman for Angola LNG confirmed that the company’s plant has resumed LNG production after a scheduled two-month shutdown, according to LNG World News.

The liquefaction plant which produces 5.2m tons per year was shut down in July as part of the restart and commissioning program put in place and led by Chervron at investments of $10b, following the closure of the facility for more than two years as a result of a major rupture on a flare line that happened in April 2014. Operations at the Soyo plant had resumed in May, with Angola LNG shipping four cargoes until the schedule shutdown.

Egypt Oil&Gas previously reported that Angola LNG was to start regular exports of LNG in late June after shipping tests concluded in May. Angola’s Oil Minister,  Botelho de Vasconcelos, had said the the company would  target non-US buyers in Europe and Asia where prices were higher.

Angola LNG is a joint venture between Sonangol, Chevron, BP, Eni and Total with 22.8%, 36.4%, 13.6%, 13.6% and 13.6%.


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