Angola LNG

Angola LNG to start up in July

BEIJING, March 16, 2016 – José Maria Botelho de Vasconcelos, Angola’s minister of petroleum, told reporters in China on Tuesday that the country aims to bring Angola LNG back online by July 2016.

The USD 10-billion, Chevron-led project came to a halt in Apil 2014 due to technical issues, and has been offline since. The LNG plant, which has a capacity of of 5.2 million tonnes per year, shipped its first cargo in June 2013.

 

Several statements regarding the resumption of operations have been made over the past few months, most recently in January 2016, when a company spokesperson said recommissioning had begun.

Angola LNG is a joint venture between Chevron (36.4%) and Sonangol (22.8%), along with Eni, Total and BP, each holding a 13.6% share.

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