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Asia and Europe are the main destinations for 'made in Angola' LNG exports

The list of main destinations for exports of Liquefied Natural Gas (LNG) 'made in Angola' is headed by Asia and Europe. The United Kingdom, France, Belgium, India, Singapore and Turkey were the countries that stood out the most in the list of destinations for exports of this product, in the first three months of 2022.

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In the period under review, a total of 952,360 metric tons of LNG were exported by the country to the aforementioned countries.

According to the results released this Tuesday by the Ministry of Mineral Resources, Oil and Gas and cited by Angop, India is at the top of the list: of the 952,360 metric tons of gas exported, 35 percent were sent to that country.

Next is the United Kingdom, absorbing 28 percent of Angola's exports. Also noteworthy for Belgium, France, Turkey and Singapore, with seven percent each.

According to Angop, the product was exported at an average price of 1,641.91 dollars.

Overall, 1.19 million metric tons of gas were exported, generating gross revenue of around 1.73 billion dollars – corresponding to an increase of 1.35 percent over the revenue achieved in the last quarter of the past year.

In year-on-year terms, there was a growth of around 9.25 percent in the amount exported. However, compared to the last three months of 2021, there was a decline of around 10.47 percent.

The data also show that, along with LNG, 19,530 metric tons of butane gas, 155,160 metric tons of propane gas and 66,710 metric tons of condensate were also exported, writes Angop.

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