Angola LNG Sells First Condensate Cargo to Sonangol

Angola LNG Sells First Condensate Cargo to Sonangol

Angola LNG announced the sale of its first condensate cargo from its plant in Soyo, the facility built to create value from Angola’s offshore gas resources.

The first cargo was sold to Sonangol on a Free on Board (FOB) Soyo basis and safely loaded onto the M/T Fortune Victoria tanker.

Commenting on the first condensate cargo Artur Pereira, CEO, Angola LNG Marketing said: “The loading and sale of the first condensate cargo marks 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.”

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Press Release, April 09, 2014; Image: Angola LNG