US company Gulf expected to process natural gas from Angola LNG project

27 June 2006

Luanda, Angola, 27 June – The natural gas from the Angola LNG project, led by Chevron and Angolan state oil company Sonanagol, is expected to be processed by gulf at its Clean energy terminal in Mississippi.

The companies leading Angola LNG, a project in which Exxon Mobil, Total and BP are taking part, said Tuesday that the are in negotiations with Gulf to define an agreement for use of the US terminal, after having selected Gulf’s tender proposal.

The construction project for the onshore natural gas processing unit , located in Soyo, in the northern province of Zaire, was presented last year and the project is due to be launched this year.

“Successful negotiation of this deal will make it possible for 100 percent of the liquid natural gas produced by Angola LNG to be received at the Mississippi Gulf Coast unit,” the consortium said.

The unit has an estimated annual production capacity of 5 million tons of gas.

Angola LNG is assessing two proposals presented for the engineering, acquisition and construction of the facility.

The traditional process of burning off secondary gases will be banned in Angola and other countries in the region as of 2008, forcing companies to store, sell ro process the product. (macauhub)

MACAUHUB FRENCH