africa Angola Economy Energy Gas Infrastructure Natural Resources oil Trade

Angola LNG ‘shut down until August’

Angola’s liquefied natural gas export facility has been shut down until mid- to late-August for a planned phase of testing and maintenance before ramping back up to full capacity, according to reports.

Angola’s recently refurbished plant reopened in early June after it was shut down in April 2014 to fix design flaws.

Since then it has exported four cargoes, while traders had expected it to pump out six to nine shipments before shutting down for a final phase of tests.

The Chevron-led project should ramp-up toward full export capacity once it is back in operation by September, traders said.

Angola LNG did not immediately respond to request for comment.

The 5.2 million-tonnes-per-annum Angola LNG project was shut down on 10 April 2014 after technical issues, the nature of which was not explained at the time.

Chevron has a 36.4% share in Angola LNG, while Angolan state oil firm Sonangol has 22%. Other stakeholders include Total, BP and Eni.

Source: Upstream


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