Italian major Eni has announced the successful completions of negotiations to start up the New Gas Consortium (NGC) in Angola. The partnership was announced in late 2019 and includes Eni as operator (25.6%) along with Chevron (31%), bp (11.8%), TotalEnergies (11.8%), and Sonangol (19.8%).
The consortium is developing Angola’s first non-associated gas project by focusing on the Quiluma and Maboqueiro gas fields. The development plan includes two offshore wellhead platforms and an onshore gas processing plant connected to Angola LNG’s Soyo export terminal.
The project will provide feedstock to Angola LNG, who until now has relied solely on associated gas that was previously flared. Activities will start in 2022 with First Gas scheduled for 2026 and an expected production of 330 MMscf/d at plateau.
Partners in the New Gas Consortium are all shareholders in Angola LNG and have a strategic interest in investing into new feedstock supply for the 5.2m tpy facility.
Ultimately, the Quilume and Maboqueiro gas fields will be operated by Azule Energy, the new joint-venture of Eni Angola and bp Angola announced earlier this year.