Project Development Cost $4bn
Gas Reserves 10.5 trillion cubic feet (297 billion cubic metres)
Plant Location Close to Soyo on the coast, 350km north of Luanda
Plant Capacity Nominal 5.2 million tons/year (6.8 billion cubic metres a year)
First Production Expected First quarter 2012 (delayed to 2014)
The long-anticipated Angola LNG project is an integrated gas utilisation scheme comprising both offshore and onshore operations to commercialise gas resources from the country's offshore blocks and boost the development of a future natural gas based industry.
In December 2007, the final investment decision was made on the project after years of planning which began back in the 1990s, Angola's government and state operator Sonangol giving a green light to the project consortium to begin its development.
The Angola LNG project involves the construction of a single Liquefied Natural Gas (LNG) train. RESERVES AND RESOURCES Most-likely natural gas resources amounting to 297 billion cubic metres (10.5 trillion cubic feet) have been identified, the plant's primary source of supply in the early years of operation being from associated fields, helping to reduce gas flaring and facilitate oil production. It is anticipated that non-associated gas from previously discovered gas fields will ultimately form the feed to the plant, as oil fields mature and associated gas production declines. Much of Angola's deep and ultra-deep-water areas are considered highly prospective and still await exploration. Gas resources arising from a number of blocks have been exclusively designated for the project. These reserves, lying in water of up to 1,500m in depth are to come from blocks 0 and 14 (Chevron), 15 (ExxonMobil), 17 (Total) and 18 (BP), along with future ultra-deep water blocks and previously discovered non-associated gas fields in blocks 1 and 2. The gas produced in these designated blocks will be transported onshore to the new LNG plant by high-pressure pipelines, to undergo conditioning and extraction of the natural gas liquids before liquefaction to LNG. THE SOYO LNG PLANT Work on the preparation of the plant site is to be carried out by a Boskalis International / Jan de Nul Dredging joint venture, with the necessary advanced engineering and procurement being awarded to Overseas Bechtel. Soyo site pictures |
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