Page 7 - GLNG Week 12 2023

GLNG AFRICA GLNG

Angola LNG cancels tender for upcoming

cargo shipments

ANGOLA ANGOLA LNG, the operator of a 5.2mn tonne The sale of this cargo would have repre-
per year (tpy) natural gas liquefaction plant in sented Angola LNG’s second tender since the
No specific details Soyo, confirmed on March 22 that it had can- beginning of March, Argus Media reported. The
on the incident were celled tenders for LNG cargoes scheduled for first, which covered a cargo of LNG for delivery
available as of press delivery in April because of problems on its pro- between late March and early April, closed on
time, and Angola LNG duction line. March 15.
did not reveal the extent In a message emailed to LNG Prime, a spokes- The second tender had been expected
to which the pressure person for Angola LNG explained that plans for to boost the volume of LNG supplies in the
surge had affected upcoming sales had been put on hold for the Asia-Pacific region, according to Argus Media.
output levels. time being. “I can confirm that the Angola LNG Equity in Angola LNG is divided between
plant experienced a pressure surge in the loading Chevron (US), with 36.4%; Sonangol, the
line and is currently operating at reduced rates,” national oil company (NOC) of Angola, with
the spokesperson said. 22.8%; TotalEnergies (France), with 13.6%; Eni
No specific details on the incident were avail- (Italy), with 13.6%; and BP (UK), with 13.6%.
able as of press time, and Angola LNG did not The partners operate an LNG plant that was built
reveal the extent to which the pressure surge had using a proprietary liquefaction process devel-
affected output levels. It did say, though, that it oped by ConocoPhillips (US), one of the original
was looking into the matter. shareholders in the project.
“Upcoming tenders have been withdrawn The facility has been in operation since 2013
while this is being investigated,” the spokesper- and produces LPG and condensate as well as
son wrote. LNG. It uses associated gas from oilfields at
Angola LNG had just a few days earlier put offshore sites developed by its shareholders –
a cargo of LNG up for sale in a tender slated to including Blocks 14, 15, 17 and 18 – and natural
close on March 22. The exact amount of LNG gas from offshore fields such as Atum, Enguia,
available for sale was unclear as of press time, but Polvo and Quiluma as feedstock.
Argus Media noted that Angola LNG had been Interest in Angola LNG’s production has
offering to make the cargo available on a deliv- risen considerably since the outbreak of war
ered ex-ship (DES) basis for transport to various in Ukraine triggered a declined in Russian gas
destinations between April 9 and April 26. deliveries to Europe. ™

Week 12 24•March•2023 www. NEWSBASE .com P7