MarketAngola LNG
Company Profile

Angola LNG

Angola LNG is a liquefied natural gas (LNG) plant and joint venture company based in Soyo, Zaire Province, Angola. It is the country's first LNG export facility and one of its largest energy investments, built as a single-train liquefaction plant with a capacity of about 5.2 million tonnes per year of LNG and an estimated capital cost of around US$12 billion.

Technical features
The Angola LNG plant is a single train facility with production capacity of 5.2 million tonnes per year. The plant uses ConocoPhillips' proprietary natural gas liquefaction technology (Optimized CascadeSM Process). In addition to LNG, it also produces propane, butane and natural-gas condensate. The plant is supplied from offshore gas fields on blocks 14, 15, 17 and 18, and from non-associated gas fields Quiluma, Atum, Polvo and Enguia. It was built to reduce gas flaring and associated pollution by collecting waste gas from Angola's offshore oil fields, and to allow the operators of the offshore oil fields to use what would otherwise be wasted. and was commissioned in 2013. The first LNG was shipped on 16 June 2013, delayed from the initial 2012 target. In addition to LNG exports, the project supplies pipeline gas and butane to the Angolan market and is a major supplier to the Soyo combined-cycle power plant. ==Company==
Company
The Angola LNG project was developed by Texaco and the state oil company Sonangol as a way to capture associated gas from offshore oil production and reduce routine flaring. In 2022, BP and Eni combined their Angolan oil, gas and LNG interests in the 50:50 joint venture Azule Energy, which holds their combined participation in the Angola LNG joint venture. Angola LNG’s current partnership therefore consists of Sonangol, Chevron, TotalEnergies and Azule Energy. ==Challenges==
Challenges
The plant was initially expected to begin LNG exports in early 2012, but commissioning was delayed and the first cargo was shipped in June 2013, about 18 months later than planned. In April 2014 a major incident involving hydrocarbon releases led to a full shutdown of the plant and a programme of repairs and reconstruction to address design flaws and corrosion of equipment. The facility remained offline for an extended period and resumed production in 2016. ==See also==
tickerdossier.comtickerdossier.substack.com