Angola LNG, Vitol ink multi-year supply deal

Chevron-led Angola LNG, the country’s only liquefied natural gas producer, has entered into a multi-year sales deal with trading house Vitol.

Under the agreement, Angola LNG cargoes will be delivered to Vitol at destinations around the world, the producer said in a statement on Friday.

“This sales agreement is an important step for Angola LNG and demonstrates our ability to respond to the needs of our customers and the market. Vitol has already purchased many LNG cargoes from Angola LNG, and we look forward to continuing our successful relationship,” Artur Pereira, Chief Executive Officer of Angola LNG Marketing Ltd said.

The $10 billion Angola LNG project includes a liquefaction plant located in Soyo that is able to produce 5.2 million tons per year of the chilled fuel.

Angola LNG is a joint venture between Sonangol (22.8%), Chevron (36.4%), BP (13.6%), Eni (13.6%), and Total (13.6%).

Share this article

Follow LNG World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >