Angola LNG cancels tender due to production glitch

Chevron-led Angola LNG project has reportedly moved to cancel a tender to sell a spot cargo following production issues. 

Traders were informed that the tender has been withdrawn due to a ‘minor problem at the Soyo plant’ which affected production, Reuters reports, citing market sources.

The tender was issued last week and the cargo was scheduled for loading on January 10-11.

Angola LNG is a joint venture between Chevron (36.4%), Sonangol (22.8%), BP (13.6%), Eni (13.6%), and Total (13.6%) and has the capacity to produce 5.2 million tons per year at its facility in Soyo.

LNG World News Staff