Will Angola add a mini train to its liquefied natural gas plant?

Our Standards: The Thomson Reuters Trust Principles. Angola Liquefied Natural Gas (ALNG) is considering future expansion options including adding a mini train of three million metric tons a year, as new gas supplies to the plant ramp up over the next 12 months, energy executives told Reuters.

Will Angola's 'ALNG' project be able to run at full capacity?

The additional supplies from the project will allow ALNG to run at full capacity, with more feedstock anticipated from Angola's first gas specific exploration well to be drilled early next year, he said on the sidelines of an African energy conference in Cape Town.

How many gas fields does Angola have?

Angola's recently released 25-year gas master plan signalled ambitions to develop more than 40 gas fields and said that the country has 38 trillion cubic feet (tcf) of discovered gas and another 56 tcf of prospective resources. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

What happened to Angola LNG plant?

Angola LNG plant, commissioned more than a decade ago at a cost of $12 billion, has been running below its nameplate capacity for years as gas production fell at the mature fields supplying the facility. Current supply averages about 700 million standard cubic feet a day (scf), or 70% of operating capacity, government officials said.

Who owns Angola LNG?

Angola LNG, which includes Chevron, TotalEnergies <TTEF.PA> and Sonangol as stakeholders, is designed for a single train of 5.2 million tons a year. The managing director of Chevron's Southern African business, Billy Lacobie, said it supported efforts to maximise LNG exports and support the domestic market.

How much oil does Angola produce a day?

Representing one of the leading producers in Africa, Angola’s oil production is expected to remain steady at approximately 1.1 million barrels per day in 2024. While billion-dollar gas projects progress, developments across the renewable, power and infrastructure sectors have also advanced, with several anticipating a 2024 start.