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Monday, December 10, 2007
Big news out of
Partners in the project include Sonagas (36.4%), Chevron (36.4%), Total (13.6%), and BP (13.6%). According to a Total announcement, the government has authorized Angola LNG Ltd. to proceed with the construction and implementation of the project.
The project is expected to process 1.0 Bcf associated natural gas per day from the partners’ offshore blocks which includes gas from Blocks 0, 14, 15, 18, and 31, as well as gas from non-associated gas fields dedicated to the project.
The FID also includes the construction of a pipeline from Block 17 to a natural gas collection center in Block 2 where associated natural gas will be piped to an LNG plant near Soyo.
The $5 billion plant will be able to produce 5.0 million tons of LNG per year. First LNG from the project is expected in early 2012. LNG will be shipped by project-chartered vessels to the Gulf LNG Energy regasification terminal which will be developed near
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