Angola aims to increase the share of natural gas in its energy mix to 25% by 2025 and its first LNG facility, Angola LNG (ALNG) is crucial to achieving this target. Since starting production in 2013, ALNG has established itself as a significant player in the global energy market, with an annual capacity of 5.2 million tons of LNG and producing a range of products including LNG, propane, butane, and condensate. As new investments pour into the country’s concessions, following the six-year licensing round, ALNG is poised to play an even more vital
role in providing clean, affordable energy globally.
The country’s premier industry event, Angola Oil & Gas (AQG) – taking place in Luanda from October 2-3 – will explore the contribution of ALNG to the country’s economic growth. Uniting exploration and production firms, infrastructure investors and service providers with Angolan authorities, the event convenes under the goal of Driving Exploration and Development Towards Increased Production in Angola, and will unpack strategies for
boosting LNG production through the development of new concessions.
AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry.
To sponsor or participate as a delegate, please contact
sales@energycapitalpower.com.
Upstream Project Pipeline to Bolster Production at ALNG
Angola has a strong pipeline of oil and gas projects set to come online in the coming years which will strengthen feedstock for ALNG. The $300 million Sanha Lean Gas Connection Project is set for first production in Q4, 2024. The project comprises the development of a platform that ties into the existing Sanha Condensate complex and features pipelines connecting the Chevron-operated Blocks 0 and 14 to ALNG. FID was achieved in 2021. Additionally, the Quiluma and Maboqueiro (Q&M) fields — located in shallow waters offshore Angola – represent the country’s first non-associated gas project and will feature two offshore wellhead platforms, an onshore gas processing plant and a connection to ALNG. The project is on track for first production in 2026 after achieving FID in 2022.
What makes ALNG unique is its use of associated gas a primary feed source. This contributes to the elimination of flaring across oil concessions in the country and creates new pathways to monetization. Currently, ALNG processes gas from seven offshore fields, and with new the production of new fields on the horizon, the facility will be better-positioned to support local industrial and energy needs. Upcoming field developments include the Cameia and Golfinho fields – part of the Kaminho deepwater project in Block 20/11. The project achieved FID in May 2024 and is expected to start production in 2028. Additionally, the Agogo
Integrated West Hub Development – located in Block 15/06 – will produce hydrocarbons from the Agogo and Ndungu fields through existing infrastructure. The project will begin operations in 2026.
New Investment to Unlock Diversified Energy Source
Angola’s upcoming oil and gas concessions have the benefit of tying into existing infrastructure that supports production and generates high returns for foreign investors. The country is currently negotiating terms for a 12-block tender concluded in January 2024. The round saw nine companies qualify as operators and five as non-operators, with the round securing 53 bids in total. Now, Angola is preparing to launch its next bid round, a 2025 tender featuring 10 blocks for exploration. In addition to regular bid rounds, the country has a number of blocks on permanent offer, enabling companies to invest out of the confines of a traditional licensing structure. These include 14 offshore blocks — eight in shallow water and six in deep water — and eight onshore blocks. Future oil and gas operators have the opportunity to not only invest in a proven oil market but generate greater returns from gas monetization through ALNG
