Safe and reliable delivery to Brazil completed
SOYO, Angola, July 24, 2013 /CNW/ - Angola LNG has delivered its first
cargo to Brazil. The 160,000 m3 cargo - which left Soyo aboard the SS SONANGOL SAMBIZANGA last month -
has been safely unloaded at Petrobras' regasification terminal in
Guanabara Bay, Rio de Janeiro.
(Logo: http://photos.prnewswire.com/prnh/20130616/621759-a )
(Photo: http://photos.prnewswire.com/prnh/20130724/629928-a )
Commenting on the first cargo delivery Artur Pereira, CEO, Angola LNG
Marketing Ltd. said: "Our main priority is safe and reliable production
and delivery of Angolan LNG to the world. We have demonstrated this
with our first cargo."
At full production it is expected that over 70 cargoes per year will
leave the Angola LNG plant, supplying 5.2 million tons per year of LNG,
plus propane, butane and condensate.
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. Further agreements
are currently being negotiated.
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.
With an expected life of at least 30 years 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. The project
provides a solution to minimise flaring and environmental pollution by
gathering associated gas from Angola's offshore oil fields to provide
clean and reliable energy to our customers and a return on investment
for our shareholders. It will also supply the local market of Angola
with LPG and natural gas for its industrial and energy needs.
Notes to editors:
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; one of the world's most modern LNG
processing facilities. Angola is the second-largest oil producer in
sub-Saharan Africa. Historically associated gas has been flared or
re-injected into the reservoirs, but Angola LNG provides a solution to
reduce emissions and establish a new source of clean energy.
Shareholders of Angola LNG are Sonangol (22.8%), Chevron (36.4%), BP
(13.6%), ENI (13.6%), and Total (13.6%).
At $10bn the Angola LNG project is one of the largest ever single
investments in the Angolan oil and gas industry. Offering a dedicated
fleet of seven LNG vessels and three loading jetties (LNG, liquids and
compressed butane) the project's mission is to eliminate flaring of
gas, provide clean and reliable energy to customers and maximize return
SOURCE: Angola LNG Marketing Ltd
For further information:
Angola LNG Marketing Ltd