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Angola liquefied natural gas project

7th February 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and location
Angola liquefied natural gas (LNG) project.

Client
The project is a joint venture between Chevron Corporation’s subsidiary, Cabinda Gulf Oil Company, with a 36.4% interest; Sonangol, with a 22.8% interest, and subsidiaries of Total, BP and ENI, each with a 13.6% interest.

Project description
The Angola LNG project is one of the largest in Africa.

The project plans to use associated natural gas, produced from existing crude oil operations and operated by Chevron and other partners, as well as new nonassociated gas from other offshore fields. The project is expected to reduce natural gas flaring and greenhouse-gas emissions from offshore producing areas, and to support continued offshore oilfield development.

The facility will gather, process, sell and deliver 5.2-million tons a year of LNG.

In addition to its LNG facilities, Angola LNG's liquids infrastructure at its production plant, in Soyo, includes storage tanks for 88 000 m3 of propane, 59 000 m3 of butane and 108 000 m3 of condensate. It has a jetty dedicated to propane, butane and condensate loading and a second jetty dedicated to pressurised butane loadings, which will serve the domestic market.

Value
$10-billion.

Duration
Initial production at the Angola LNG project started in June 2013.

Latest developments
Angola LNG has sold its first liquefied petroleum gas (LPG) cargo from its plant in Soyo.

The LPG and condensate jetty was commissioned before the start of loading operations. Commissioning included the testing of safety devices, mooring arrangements and loading arms.

Key Contracts and Suppliers
KBR, JGC, Technip and Bechtel.

On budget and on time?
Not stated.

Contact details for project information
Angola LNG marketing, communications adviser Rob Foyle, tel +44 7880 384 468 or email rob.foyle@angloalng.co.uk.
JGC investor relations, email ir@jgc.co.jp.
Technip, tel +33 1 47 78 21 21, fax +33 1 47 78 67 58 or email Investor-Relations@technip.com.
Bechtel, tel +1 415 768 1234 or fax +1 415 768 9038.
KBR, tel +1 713 753 5082, fax +1 713 753 5353 or email investors@kbr.com.

Edited by Creamer Media Reporter

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