Tue, 07 Jun 2016 10:26 - Updated Tue, 07 Jun 2016 10:26
Angola LNG resumes shipments after interruption
Luanda - Angola LNG (ALNG) Monday in Luanda confirmed it has resumed production in its Soyo natural gas liquefying plant in northern Zaire province, after an interruption due to technical failure.
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
Oil, gas production set to improve
ALNG’s first liquefied natural gas shipment after interruption was concluded in Soyo and will be traded through international bidding.
According to a press release that reached Angop on Monday, production is in progress and ALNG will be making new LNG and Liquefied Petroleum Gas (LPG) shipments as part of the plant’s re-start tests.
The formal delivery of the plant by the contractor, Bechtel, and its commercial exploration will proceed as planned, it was said.
According to the press release, ALNG Marketing chairman, Artur Pereira, said the company is pleased with the resumption of production.
"The market changed a lot while our unit stopped, but we are happy as we are managing to deliver LNG from Angola throughout the world and assume our position as a trustable and safe supplier in the LNG world market,” he stressed.
The source added that future LNG shipments will be traded at global level, through various processes of sale, including international bidding.
Angola is the second largest oil producer in sub-Saharan Africa.
The Angola LNG contributes to the development of the Angolan oil and gas industry and the reduction of greenhouse gas emissions, while creating a new source of clean energy.
The Angola LNG is meant to contribute to the elimination of gas flaring, provide clean and reliable energy to customers and enhance economic benefits to the country, local communities and shareholders.
The Angola LNG Project will extract, process and sell about 5.2 million tons of LNG per year, in addition to natural gas and liquids for domestic use, from its Soyo plant, in northern Angola.
The Angola LNG production came to a halt in 2014, following an incident that required repairs and modifications made by Bechtel.
The Angola LNG recently announced the signing of an agreement to sell LNG to EDF Trading. ALNG shareholders are local oil company Sonangol (22.8% percent), US Chevron (36,4%), BP (13,6%), Italian ENI (13,6%) and French Total (13,6%).
- 03/07/2018 18:01:55
Luanda - The LNG processing unit for liquefied natural gas, Angola LNG, based in Soyo, northern Zaire province, is set to shut down operations for maintenance in July, ANGOP learned from an official source.
- 26/06/2018 16:27:06
Luanda - Angola’s Oil company "Sonangol" signed a Memorandum of Understanding with Norwegian state oil company Equinor (ex-Statoil) enabling the latter to continue investing in exploration and rise of the oil production in Angola.
- 20/06/2018 12:02:43
Luanda - Angola is to attend a meeting of the members of the Organization of Oil Producers and Exporters (OPEC) and independent producers, on April 23 in Vienna, Austria.
- 18/06/2018 11:53:19
Soyo - About 300 kilometres of a network of crude oil transportation pipelines, managed by the Angolan Oil Society (Somoil) in Soyo Municipality, northern Zaire Province, were renewed by the mentioned company in the past ten years.