Netherlands group buys natural gas shipment from Angola

20 June 2016

The Vitol group, with headquarters in Rotterdam, has been awarded the tender launched by Angola LNG to buy its first shipment of natural gas since the Soyo processing unit started operating again, said the Ecofin news agency.

The shipment of 161,000 cubic metres of liquid natural gas (LNG) is already on board the Sonangol Sambiganza ship, and the value of the proposal was not announced by the winning group.

On announcing a return to operation, Angola LNG said that more ships would be loaded with LNG and LPG (liquid petroleum gas) as part of tests being carried out before the processing unit is handed back by contractor Bechtel.

The Angola LNG project, which was launched in 2007 to make use of the natural gas burned off in oil exploration, brings together Chevron (36.4 percent), Angola’s Sonangol (22.8 percent), BP Exploration (13.6 percent), Italy’s ENI (13.6 percent) and France’s Total (13.6 percent). (macauhub/AO)