Adriano Mongini made the announcement this Wednesday at the laying of the first stone for the construction of the New Gas Consortium (NGC) facilities, in Soyo (Zaire province).
The gas project is operated by Azule Energy (which joins BP and Eni) which has a 37.4 percent stake, and its partners include CABGOC (Chevron), with 31 percent, the oil company Sonangol (19.8 percent percent), and TotalEnergies (11.8 percent), in an investment valued at 2.2 billion dollars, half of which will be invested in Angola.
The head of Azule Energy said that the expected production is 350 million cubic feet of gas per day, which will be delivered to Angola LNG, expected to start in July 2026, allowing an acceleration of up to six months to achieve this objective.
Adriano Mongini also announced that Azule Energy will drill the first gas exploration well in Angola next year, which "could unlock additional important gas reserves for the country" and is the first well made specifically with the aim of finding gas.
He also addressed the impact that Angolan gas can have on the development of other industries, such as petrochemicals and fertilizer production, as well as boosting job creation.
The NGC project encompasses two offshore platforms, Quiluma and Maboqueiro, an onshore gas processing factory and connection to the Angola LNG plant, with which a 25-year contract was established.
The 8000 square meter concession area in the shallow areas of Soyo (coast north of Luanda), is located a distance of 40 kilometers and consists of 13 gas wells on two offshore platforms and onshore installations that include a gas treatment center.
The site began to be prepared in February 2020 with a demining campaign and is being developed by SAIPEM, whose subcontractors include Construsoyo, Tecnovia, Mota-Engil and TCC.