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– Project provides new source of LNG to help meet global demand
Angola LNG, the Soyo-based facility built to create value from Angola’s A large number of master LNG sale and purchase agreements have been executed with energy companies across the world, providing Angola LNG with a robust and diverse portfolio of customers. Â Further agreements are currently being negotiated.
Today’s announcement marks a milestone in the continued development of Angola’s
“Angola LNG’s vision is to be a reliable and competitive supplier, a strong community partner, and a role model for the economic development of Angola
Angola LNG is a partnership between Sonangol, Chevron, BP, ENI and Total that will gather and process gas to produce and deliver LNG and NGLs. Â The project has an expected life of at least 30 years. Angola LNG will gather, process, sell and deliver 5.2 million tons per year of LNG – plus natural gas, propane, butane and condensate – from its plant in Soyo, Angola
Shareholders of Angola LNG are Sonangol (22.8%), Chevron (36.4%), BP (13.6%), ENI (13.6%), and Total (13.6%).