The factory to process natural gas for the Angola LNG project in the Soyo municipal area of Angola’s Zaire province, is due to be inaugurated in the next few days, Angolan weekly newspaper Expansão reported citing the Portuguese press.
With an overall cost of US$10 billion, the Angola LNG project has as its partners US group Chevron, with 36.4 percent, Angolan state oil company Sonangol with 22.8 percent, and Italian group ENI, France’s Total and UK-based company BP, each with a stake of 13.6 percent.
When it is fully operational the factory will have an installed capacity to process 5.2 million tons of natural gas per year and produce three types of gas; liquid natural gas (LNG), propane and butane. Of the total a significant amount will be handed over to Sonangol each day to supply the Angolan market.
The project has a network of gas pipelines stretching over 500 kilometres that will carry the gas from onshore and offshore oil fields in blocks 2 and 17 in Zaire province.
The director-general of the Angola LNG project, Daniel Rocha, said that the factory would operate using seven ships ordered to carry natural gas to consumer markets, particularly in Asia, where around 50 percent of the product will be sent, Europe and North America. (macauhub)