Page 13 - AfrOil Week 12 2023
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AfrOil                                           POLICY                                               AfrOil




























                                           The Tango FLNG will be the first production unit installed at Marine XII (Photo: Exmar)
                         The installation will be carried out within the   have a combined capacity of 3mn tpy.
                         framework of a plan to utilise and monetise the   Lukoil joined the Marine XII project in 2019,
                         block’s natural and associated gas reserves.  when it acquired a 25% stake. Its participation is
                           These two units – the existing 600,000 tpy   not subject to international sanctions since its
                         Tango FLNG purchased from Belgium’s Exmar   holdings amount to less than 33%. The remain-
                         last August and a newbuild 2.4mn tpy FLNG   ing equity in the block is divided between Eni
                         ordered from China’s Wison last January – will   (operator), with 65%, and ROC’s national oil


       Angola LNG cancels tender




       for upcoming cargo shipments






            ANGOLA       ANGOLA LNG, the operator of a 5.2mn tonne
                         per year (tpy) natural gas liquefaction plant in
                         Soyo, confirmed on March 22 that it had can-
                         celled tenders for LNG cargoes scheduled for
                         delivery in April because of problems on its pro-
                         duction line.
                           In a message emailed to LNG Prime, a
                         spokesperson for Angola LNG explained that
                         plans for upcoming sales had been put on
                         hold for the time being. “I can confirm that the
                         Angola LNG plant experienced a pressure surge
                         in the loading line and is currently operating at   The Angola LNG plant has a production capacity of 5.2mn tpy (Photo: Chevron)
                         reduced rates,” the spokesperson said.
                           No specific details on the incident were avail-  destinations between April 9 and April 26.
                         able as of press time, and Angola LNG did not   The sale of this cargo would have repre-
                         reveal the extent to which the pressure surge had   sented Angola LNG’s second tender since the
                         affected output levels. It did say, though, that it   beginning of March, Argus Media reported. The
                         was looking into the matter. “Upcoming tenders   first, which covered a cargo of LNG for delivery
                         have been withdrawn while this is being investi-  between late March and early April, closed on
                         gated,” the spokesperson wrote.      March 15. The second tender had been expected
                           Angola LNG had just a few days earlier put   to boost the volume of LNG supplies in the
                         a cargo up for sale in a tender slated to close on   Asia-Pacific region, according to Argus Media.
                         March 22. The exact amount of LNG available   Equity in Angola LNG is divided between
                         for sale was unclear as of press time, but Argus   Chevron  (US),  with  36.4%;  Sonangol,  the
                         Media noted that Angola LNG had been offer-  national oil company (NOC) of Angola, with
                         ing to make the cargo available on a delivered   22.8%; TotalEnergies (France), with 13.6%; Eni
                         ex-ship (DES) basis for transport to various   (Italy), with 13.6%; and BP (UK), with 13.6%.



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