Oil Companies Band Together to Head Angola’s LNG Plant Operation

Written by Makula Dunbar

Apr 29, 2013

BP (BP), a partner in the Angola LNG development, plans to invest $15 billion in Angola over the next decade. The LNG plant should be one of its biggest start-ups worldwide this year.

Angola LNG’s operation is located in Soyo, 195 miles north of Luanda in Zaire Province, Angola. The project is a joint-venture consisting of Sonangol (the state oil company of Angola) at 22.8% and affiliates of Chevron (CVX) with 36.4%, Total (TOT) at 13.6%, BP at 13.6% and Enersis (ENI) with 13.6%.

The project is an integrated gas utilization project with offshore and onshore operations to monetize gas resources from blocks located offshore of Angola. It has a one-train plant of nominal 5.2 million tonnes per year of LNG production capacity and includes production of NGL (natural gas liquids) and condensate.