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Mon, 17 Jun 2013 10:39 - Updated Mon, 17 Jun 2013 17:04

Angola LNG sends off first consignment


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Luanda - The first consignment of Liquefied Natural Gas (LNG) produced by the Angola Industrial Unit was dispatched Sunday, Angop learned here.

The information is contained in a press release from the Angola LNG that says that the first consignment was sold to the Angolan Oil Company (SONANGOL) and sent to Brazil on the Sonangol Sambizanga tanker that is part of a fleet of seven LNG ships, carrying 160,000 cubic metres each.

This sets the launch of a new production unit and a new source to meet the growing demand of LNG.

The chairman of the Angola LNG Marketing, Artur Pereira, said with this first consignment, the Angolan company enters the market in a particularly interesting moment.

According to the source, several accords have been signed for the purchase and sale of LNG with various companies in the field around the world, which ensures Angola LNG a stable customers’ portfolio.

The note states that the announcement is a landmark in the continued development of Angola’s oil and gas resources, being the highest investment in the sector and set to play a relevant role in the economic prosperity of the country.

"The Angola LNG seeks to be a trustable and competititve supplier, a strong partner in the sector for the economic development of Angola,” said the Angola LNG Ltd chairman.

"The project is a solution adopted to reduce the burning of gas and environmental pollution, through the development of the gas associated with the Angolan offshore oil fields, with the purpose of supplying clean and trustable energy to our clients and make the investments of our stakeholders profit-making,” the official added.

Angola LNG will exploit, process, sell and deliver 5.2 million tonnes of LNG per year, in addition to propane,  butane and condensed gases, straight from its Soyo plant, in northern Zaire province.