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Angola LNG resumes gas production

Angola LNG resumes gas production

13th July 2015

Angola LNG resumes gas production this year. Production liquefied natural gas (Angola LNG) will also be taken up this year in the factory located in Soyo, northern Zaire province, north of the country. The information was made last Thursday (July 9) in Luanda, by the President of Chevron, John Watson, on the way out of the meeting  with the Vice President of the Republic, Manuel Vicente.

The Angola LNG plant in Soyo is paralyzed, for safety reasons, after the gas leak to register 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 store 360,000 m3 liquefied natural gas. The resumption of the operation of the facility will represent an economic gain valued at millions of dollars to the government coffers. Angola made its first export of natural gas in June 2013, to Brazil.