Angola LNG hits new milestone

Angola LNG has shipped its 400th cargo of liquefied natural gas since the launch of the 5.2 mtpa Soyo plant in 2013.

According to a statement issued last week, Angola LNG’s 160,000-cbm LNG carrier, Lobito, berthed at the Soyo terminal to load the milestone LNG cargo on June 13.

The 2011-built LNG carrier, owned by a joint venture led by Seapeak, left the LNG plant on June 14 and was on Monday located offshore Namibia, its AIS data provided by VesselsValue shows.

The project’s 400th LNG cargo represents a “significant” milestone for Angola LNG and coincides with the 10th anniversary since the first cargo of LNG was shipped and delivered safely to Brazil in 2013, the JV said.

According to Angola LNG’s website, the plant shipped more than 600 cargoes of LNG and liquids up to date.

India and Europe

Historically, India has been Angola LNG’s most important market and, over the last few years, about 60 percent of the LNG cargoes produced at the Soyo plant have gone to this market, Angola LNG said.

More recently, and for much of 2022, Europe has been an increasingly important market, it said.

These 400 LNG cargoes have landed in about 30 countries worldwide.

Angola LNG said it supplies buyers through spot sales and a portfolio of mid-term sales comprised of a “variety of different counterparties”.

Earlier this year, Angola LNG canceled tenders due to production issues at the plant.

In 2016, Chevron and its partners Sonagas, TotalEnergies, BP, and Eni completed work on the plant’s modifications and reliability enhancements, restarting production after a long shutdown due to a major rupture on a flare line.

Moreover, BP and Eni formed Azule Energy last year, combining their portfolios in Angola and the JV now has a 27.2 percent share in Angola LNG.

Chevron has a 36.4 percent stake, while Sonagas and TotalEnergies own 22.8 percent and 13.5 percent in the JV, respectively.

Most Popular

Venture Global kicks off CP2 LNG site work

US LNG exporter Venture Global said it had initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG.

Purus orders LNG carrier in South Korea

London-based Purus Marine has ordered one 180,000-cbm liquefied natural gas (LNG) carrier in South Korea.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

More News Like This

Brazil’s GNA launches second LNG power plant

Brazilian joint venture Gas Natural Acu has launched commercial operations at the second plant as part of its LNG-to-power project in the Port of Acu in Rio de Janeiro.

BP seals LNG SPA with India’s Torrent Power

A unit of UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with India's Torrent Power.

BP inks LNG SPA with China’s Zhejiang Energy

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with China's Zhejiang Energy.

BP ships second Tortue LNG cargo

UK-based energy giant BP and its partners have sent the second LNG cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.