Angola LNG Terminal

From Global Energy Monitor
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Angola LNG Terminal is an LNG terminal in Zaire Province, Angola, at the mouth of the Congo River.

Location

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Description

Angola LNG terminal consists of a single natural gas liquefaction trains, with a capacity of 5.2 million metric tons per year (mtpa), or 0.75 billion cubic feet per day (bcfd). It is owned by Angola LNG Ltd., a consortium consisting of Chevron (36.4%), Angolan national oil company Sonangol (22.8%), Eni SPA (13.6%), Total (13.6%), and BP (13.6%).[1][2]

The project began in 1997. Construction began in 2008, with U.S. firm Bechtel acting as construction contractor. The project used proprietary gas liquefaction technology from ConocoPhillips. Construction was completed in 2012, and the first liquefied gas was produced in 2013. The project cost $10 billion.[2][3][4][5]

Since the plant was brought on line, it has suffered from repeated production interruptions due to technical failures — including a two-year shutdown from 2014-16. These problems have increased the plant's cost significantly, by an amount that the sponsors have not disclosed.[6][7][8][9]

In May 2021, with gas supply for the LNG terminal running out, BP, Chevron, Eni, Total and Angolan state firm Sonangol announced they would pool their existing Angolan portfolios into a joint venture and raise finance to "capture future opportunities in exploration, development and possibly portfolio growth, both in Angola and regionally." The companies have stakes in Angolan exploration blocks that have yet to be tapped, and are part of the New Gas Consortium (NGC) which is tasked with bringing additional finds to supply the Angola LNG Terminal. New gas will initially come from the Quiluma & Maboqueiro fields. The NGC also has rights to explore and develop in three other blocks in Angola.[10][11]

Project Details

  • Owner: Angola LNG Ltd.
  • Parent: Chevron (36.4%), Sonangol (22.8%), Eni SPA (13.6%), Total (13.6%), BP (13.6%)
  • Location: Soyo, Zaire Province, Angola
  • Coordinates: -6.11957, 12.33596 (exact)
  • Capacity: 5.2 mtpa, 0.75 bcfd
  • Additional Proposed Capacity:
  • Status: Operating
  • Type: Export
  • Start Year: 2013

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Articles and resources

References

  1. The LNG Industry: Annual Report 2017, International Group of Liquefied Natural Gas Importers, accessed June 2017.
  2. 2.0 2.1 Angola LNG website, accessed June 2017.
  3. Angola LNG Terminal, Wikipedia, accessed April 2017
  4. Bechtel Proceeds with LNG Construction in Angola, Bechtel press release, 26 Feb. 2008.
  5. Bechtel to build Angola's first LNG plant, Oil & Gas Journal, 5 Feb. 2008.
  6. Angola LNG faces continued problems, The Economist Intelligence Unit, 30 May 2014.
  7. Angola LNG Resumes Shipments After Interruption, AllAfrica, 7 June 2016.
  8. Angola LNG production halted, LNG World News, 31 Oct. 2016.
  9. Angola LNG plant resumes production after December shutdown, Reuters, 4 Jan. 2017
  10. BP joins New Gas Consortium, BP News, May 19, 2021
  11. Eni and bp to explore combining Angolan interests into new joint venture, Eni press release, May 19, 2021

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External resources

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