african-news-header

Multimedia

multimedia

 

Wednesday, 8th April 2020
11:23:36am

Angola LNG to start exports June, eyes Europe, Asia

Angola LNG is to start regular exports of liquefied natural gas in late June after shipping tests next month and will target non-U.S. buyers in Europe and Asia where prices are higher, oil minister Jose Botelho de Vasconcelos said on Tuesday.
The 5.2 million tonnes per annum (mtpa) Angola LNG project is led by Angola's state-owned oil company, Sonangol, which has a 22.8 percent interest and Chevron, which holds 36.4 percent. Eni, Total and BP each hold a stake of 13.6 percent
De Botelho also told reporters that plans by French oil major Total to reduce output at its Girassol platform in June for planned works do not threaten the government's target to produce an average of 1.8 million barrels of oil per day this year.
-Reuters

About us

African News Centre is an online media company, which strives to bring you the very latest African news.

Contact us

If you have any contributions contact us on email: This email address is being protected from spambots. You need JavaScript enabled to view it.
African News Centre | Postal Address | P.O Box 90455 | Klein Windhoek | Namibia | 9000