Angola’s New Gas Consortium Reaches FID on Q&M Gas Project

LNG. Gas

Gas from the Q&M project will facilitate the reliable flow of gas to the Angola LNG Plant and allow the southern African country to take advantage of underdeveloped sources of energy, thus fostering continued socioeconomic development. 

The NGC is comprised of operator, Eni (25.6%); multinational energy corporation Chevron’s Angolan affiliate, Cabinda Guld Oil Company Limited (CABGOC) (31%); Angolan parastatal, Sonangol P&P (19.8%); and oil and gas supermajors, bp (11.8%) and TotalEnergies (11.8%).

The Angola LNG Plant, located in Soyo, in the Zaire Province, has a treatment capacity of approximately 353 billion cubic feet of feed gas and a liquefaction capacity of roughly 5.2 million tons of LNG per year, with interest in the plant held by Eni (13.6%), CABGOC (36.4%), Sonangol (22.8%), bp (13.6%), and TotalEnergies (13.6%).

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Onur Yilmaz

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