After a series of delays in bringing it online, Angola LNG is still not processing at capacity and it doesn't seem that it will reach that capacity anytime in the near future. According to Sonangol, the plant's output will fall short of design capacity through 2014. A number of issues are attributed to the short fall including a rig disaster that forced it to bring forward new supplies from other blocks.
"We started producing this year but we still have not reached maximum production capacity at Angola LNG, we are at around 20 percent," Paulo Fernandes, an executive at Sonangol's production department told attendees at an industry event in Luanda. Angola LNG's first export shipment went out in June and has since shipped another four cargoes. However, a rig disaster in July also delayed efforts to link two offshore blocks with the plant, preventing production from reaching full capacity.
There is a possibility that the plant will be at full capacity by the end of 2014, with Fernandes saying, "We had some problems at the plant's launch stage, but they were resolved and now we're in the phase of commissioning and will progressively get the 100% goal".
No comments:
Post a Comment