ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Economy

Mon, 11 Sep 2017 14:35 - Updated Mon, 11 Sep 2017 17:30

Angola LNG sells gas to German-based company

Luanda - Angola LNG will supply gas to a European company based in Germany under the gas sales agreement signed by the parties.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

Cabinda : Economic development

This has been confirmed in a statement released Monday by the industrial consortium in Luanda.

The deal provide for gas supply by Angola LNG to RWEST in several parts of the world.

RWEST is a European energy trading company based in Germany with a strong presence in the Netherlands and the United Kingdom.

Angola LNG has recently signed a similar agreement with the Dutch company, Vitol, specialised in trade and distribution of energy products globally.

Angola LNG is an integrated project for the use of gas.

It comprises an onshore LNG processing plant, a marine terminal and loading facilities, as well as the possibility of developing non-associated gas (NAG).

The industrial consortium collects, processes and markets approximately 5.2 million tons of LNG.

The process including natural gas supplies to the domestic market and liquids (propane, butane and condensates) from its plant based in Soyo city, northern Zaire province.

Angola LNG shareholders are Angolan Sonangol (22.8%), North American Chevron (36.4), British BP (13.6), Italian ENI (13.6) and French Total (13.6).

Tags Angola   Comércio   Gás  

Read also
  • 01/02/2019 12:50:27

    Angola presents measures for good business environment

    Luanda -The ambassador of Angola to Guinea-Bissau, Daniel Rosa, last Thursday in that country’s capital spoke about the quality of business and measures adopted by the Angolan Executive for the present Angolan context.

  • 26/01/2019 13:09:56

    Trade forecasts growth of 5.8%

    Luanda - The Ministry of Commerce forecasts an average growth of 5.8 percent per year in trade, transport and postal services, with the implementation of its 2018/2022 Development Plan, under auscultation by the business group.

  • 25/01/2019 18:51:52

    Luanda Railway's workers suspend strike

    Luanda - The 17 trains of the Luanda Railroad (CFL) are back to normal, starting as from next Monday, as a result of the suspension of the general strike that began on January 14.

  • 24/01/2019 11:45:30

    Inadec records increase of consumer complaints

    Luanda - At least 65 percent of the 2.000 complaints filed by the National Institute of Consumer Protection (Inadec) in 2018 were made through the complaints book launched on March 16, 2017.