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Angola LNG shutdown to last until mid-2015

Increase font size  Decrease font size Date:2014-05-30   Views:719
The Angola LNG plant is expected to resume production in mid-2015 after a rupture on a pipeline forced it to shut down, a spokesman for Angola LNG said Wednesday.

"Following investigation into the incident that took place at the plant in Soyo on April 10, 2014 Angola LNG will pull forward a planned shutdown to allow its contractor Bechtel to both correct items from the incident and -- in parallel -- address plant capacity issues," the spokesman said.

It is expected that this work will continue into next year, with the $10- billion project anticipated to restart in mid-2015.

The plant has yet to reach its nameplate capacity of 5.2 million mt/year since coming online in June 2013 due to technical issues. A planned maintenance shutdown for the plant has been repeatedly delayed due to a series of gas leaks on an onshore pipeline.

Shareholders in Angola LNG are Sonangol (22.8%), Chevron (36.4%), BP (13.6%), Eni (13.6%), and Total (13.6%).

 
 
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