Angola LNG has sold its first condensate cargo from its plant in Soyo.
The condensate cargo was sold to Sonangol on a Free on Board (FOB) Soyo basis and safely loaded onto the M/T Fortune Victoria tanker.
All LPG and condensate products have been committed for sale to the shareholder affiliates of Angola LNG.
Artur Pereira, CEO, Angola LNG Marketing described the sales as a further landmark for Angola LNG: “We have now produced and sold all of our different types of product - LNG, LPG, domestic butane, and now condensate.”
Angola LNG Ltd is an incorporated joint venture between Sonangol, Chevron, BP, ENI and Total that will gather and process gas to produce and deliver 5.2 million tpa of LNG, as well as NGLs. The plant has an expected duration of at least 30 years.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/lng-shipping/08042014/angola_lng_sells_first_condensate_cargo_401/