Continental Focus, International Reach

Angola LNG Cancels Tender

Thursday, January 11, 2018

Angola has had to cancel a tender to sell a spot cargo of LNG. According to market sources in a Reuters report, the tender was canceled due to a production issue affecting the Angola LNG export facility.

Anotice was circulated by Angola LNG to the trading community advising them of the production issue.

“On behalf of Angola LNG Ltd., ALM formally advises you that Angola LNG Tender Number 0065 for the offer of a single cargo, through competitive tender, has been withdrawn,” the notice said.

“This tender cancellation is due to a minor problem at the Soyo plant that has impacted production. This problem is now being remedied,” it said.