Trade

Vitol wins tender to buy first Angola LNG cargo

Friday, 17 June 2016 10:46

Vitol has won a tender for first cargo loaded at the Angola LNG facility which came on stream recently, after a two-year shutdown.

According to trade sources, the cargo was loaded from the Chevron-led facility at the beginning of June on board the 161,000 cubic meters Sonangol Sambizanga LNG vessel, Reuters reports.

Angola LNG has confirmed that the first cargo was loaded at Soyo, northern Angola, in June. The company added that the $10 billion project is anticipated to load more LNG and LPG cargoes as part of the commissioning and testing process and will be handed over from the contractor Bechtel sooner or later.

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% interests respectively.

Anita Fatunji

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