Angola LNG has signed a multi-year agreement with London-based Glencore Energy UK Limited for the sale of natural gas shipments to be placed around the world, according to a joint statement released on Wednesday.
This is the third contract of the kind signed by Angola LNG this month, after the supply agreements signed with the Vitol energy products companies in Switzerland and with RWE Supply & Trading, based in Germany and with a strong presence in the Netherlands and the United Kingdom.
Angola LNG is an integrated project for use of natural gas, with a processing unit, a maritime terminal and loading facilities, as well as the possibility of developing non-associated gas.
The shareholders of Angola LNG Limited are Angola oil and gas company Sonangol, with 22.8%, US group Chevron (36.4%) and BP, Italy’s ENI and France’s Total, with 13.6% each. (macauhub)