Trade

Angola LNG to ship chilled gas in coming weeks - Chevron

Friday, 08 April 2016 16:48

The Angola LNG project is likely to ship a cargo of chilled gas soon as an LNG tanker is en route to the plant in Soyo, according to shipping data.

The vessel, Sonangol Sambizanga is expected to be moored at the liquefaction and export plant in Soyo on April 15.

This is going to be the first cargo of chilled gas to depart from the $10 billion Soyo LNG export plant ever since it was closed in April 2014 due to a flare line rupture.

The plant is a single-train facility with the capacity to produce 5.2 million t/y as well as a committed fleet of seven LNG tankers.

Chevron at the beginning of this year revealed that it anticipates to export first LNG cargo in Q2 of 2016. The company stated that almost all of the first production from the project would be sold on spot market.

Angola LNG had also entered into a deal with EDF Trading, for the delivery of multiple cargoes on an ex-ship basis (DES) from 2016 till 2018.

The LNG is a joint venture between Chevron, Sonangol, BP, Eni and Total with 36.4%, 22.8%, 13.6%, 13.6% and 13.6% interests respectively, LNG World News reports.

Anita Fatunji

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.