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Angola LNG to resume production in late Sept after planned shutdown

Reuters, July 22, 2016
Reuters

Angola's liquefied natural gas (LNG) export plant will resume production in late September following a planned shutdown to test equipment, a spokeswoman for the project said.

Reuters reported this week that the Chevron-led plant had shut as part of a final phase of tests before it could ramp back up to full output. Traders had expected the plant to resume output in mid- to late-August, however, not late September, potentially helping underpin further spot price gains for that month.

"I can confirm that the Angola LNG plant is now in a planned shutdown," the spokeswoman said. "This is part of the restart and commissioning programme and is standard practice in new LNG plants," she added.

(Reporting by Oleg Vukmanovic; editing by Jason Neely)
 

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