Angola LNG resumes gas production
Angola LNG resumes gas production this year. The production of liquefied natural gas (Angola LNG) will restart this year in the factory located in Soyo, northern Zaire province in Angola.
The information was released last Thursday (July 9th) in Luanda by Chevron’s President, John Watson at the end of the meeting with the Republic’s Vice President, Manuel Vicente. The Angola LNG plant in Soyo is paralyzed, for safety reasons, after the gas leak registered in the premises in April 2014.
The project is the largest investment in the history of Angola, estimated at 10 billion US dollars. It is an international partnership formed by affiliates of Chevron (36.4%), Sonangol (22.8%), Total (13.6), ENI (13.6%) and BP (13.6%).
It has the capacity to produce 5.2 million tons per year and to store 360,000 m3 of liquefied natural gas. The resumption of the operation will represent an economic gain valued at millions of dollars to the government. Angola made its first export of natural gas in June 2013, to Brazil.