Petroleum Africa
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Tuesday, June 18, 2013
Cabinda Gulf Oil Co., a subsidiary of Chevron Corp., confirmed that initial production commenced at the Angola LNG project – one of the largest of its kind on the African continent. The $10 billion project will collect and transport natural gas from offshore Angola to an onshore liquefaction plant on the coast near the Congo River. The project has the capacity to produce 5.2 million metric tons per year of LNG, 63,000 bpd of natural gas liquids for export and 125 million cubic feet per day of natural gas for domestic consumption.
“First gas at Angola LNG is an important milestone in support of our strategic plan to grow our production,” said George Kirkland, vice chairman of Chevron. “This project will commercialize natural gas resources in western Africa to meet growing demand in the region and internationally.”
Cabinda Gulf has a 36.4% interest in the joint-venture, along with Sonangol with a 22.8% interest and subsidiaries of Total, BP and ENI, each with a 13.6% interest.
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