Angola LNG (Luanda) (Angola)

Angola LNG Limited is a company located in Luanda, Angola. It was incorporated on an unspecified date. The company has built a modern LNG processing facility in Soyo, 350km north of Luanda, at the mouth of the Congo River. Angola LNG is a partnership between Sonangol, Chevron, BP, Eni, and TotalEnergies. The company's main objective is to gather and process gas to deliver 5.2 million tons of Liquefied Natural Gas (LNG) annually to the global market. Additionally, Angola LNG supplies natural gas to the Angolan market to meet local industrial and energy needs. The company also produces propane, butane, and condensate. Angola LNG aims to minimize gas reinjection or flaring, provide clean and reliable energy to customers, and maximize return on investment. The project contributes to the elimination of gas flaring in Angola, allowing for the development of offshore oil reserves in a more environmentally sustainable manner. The Angola LNG project is valued at $12 billion, making it one of the largest investments in the Angolan oil and gas industry. LNG enables the safe, reliable, and economical transportation of gas over long distances, connecting resources to markets and helping generate cleaner, low carbon power. Angola LNG is also contributing to the growth of a global gas market by linking national, regional, and international markets.