Angola LNG is a major LNG producer with operations in Angola.
The company was incorporated in 2005 and is based in Luanda, Angola.
At $10 bln the Angola LNG project, built to create value from offshore gas resources, is one of the largest ever single investments in the Angolan oil and gas industry.
The project is the result of a partnership between Sonangol, Chevron, BP, ENI and Total to gather and process gas and deliver 5.2 million tons of Liquefied Natural Gas (LNG) a year to the global market.
Additionally the project will supply natural gas to the Angolan market to help meet local industrial and energy needs; and will also produce propane, butane and condensate.
Offering a dedicated fleet of 7 LNG vessels and 3 loading jetties (LNG, liquids and compressed butane), the project’s mission is to minimise the reinjection or flaring of gas; provide clean and reliable energy to customers; and maximise return on investment.
It is composed of a consortium of oil and gas companies which include Sonangol (22.8%) and affiliates of Chevron (36.4%), Total (13.6%), BP (13.6%), and ENI (13.6%).
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