The project is the result of a partnership between Sonangol, Chevron, BP, Eni and TotalEnergies 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 supplies natural gas to the Angolan market to help meet local industrial and energy needs; and also produces propane, butane and condensate.
Offering a dedicated fleet of seven LNG vessels and three 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.
Angola LNG therefore significantly contributes to the elimination of gas flaring in the country, allowing for the development of offshore oil reserves in a more environmentally sustainable manner.
At $12bn, 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.
LNG enables gas to be transported safely, reliably and economically over long distances; connecting resources to markets, unlocking stranded gas reserves and helping generate cleaner, low carbon power for industry and homes. Now, it is also linking national, regional and international markets and contributing to the growth of a truly global gas market.