First Angola LNG Cargo Delivered

                       First Angola LNG Cargo Delivered

PR Newswire

SOYO, Angola, July 24, 2013

SOYO, Angola, July 24, 2013 /PRNewswire/ --

Safe and reliable delivery to Brazil completed

Angola LNG has delivered its first cargo to Brazil. The 160,000 m^3 cargo -
which left Soyo aboard the SS SONANGOL SAMBIZANGA last month - has been safely
unloaded at Petrobras' regasification terminal in Guanabara Bay, Rio de
Janeiro.

 (Logo: http://photos.prnewswire.com/prnh/20130616/621759-a )

 (Photo: http://photos.prnewswire.com/prnh/20130724/629928-a )

Commenting on the first cargo delivery Artur Pereira, CEO, Angola LNG
Marketing Ltd. said: "Our main priority is safe and reliable production and
delivery of Angolan LNG to the world. We have demonstrated this with our
first cargo."

At full production it is expected that over 70 cargoes per year will leave the
Angola LNG plant, supplying 5.2 million tons per year of LNG, plus propane,
butane and condensate.

A large number of master LNG sale and purchase agreements have been executed
with energy companies across the world, providing Angola LNG with a robust and
diverse portfolio of customers. Further agreements are currently being
negotiated.

Angola LNG is a partnership between Sonangol, Chevron, BP, ENI and Total that
will gather and process gas to produce and deliver LNG and NGLs. With an
expected life of at least 30 years Angola LNG's vision is to be a reliable and
competitive supplier, a strong community partner, and a role model for the
economic development of Angola. The project provides a solution to minimise
flaring and environmental pollution by gathering associated gas from Angola's
offshore oil fields to provide clean and reliable energy to our customers and
a return on investment for our shareholders. It will also supply the local
market of Angola with LPG and natural gas for its industrial and energy needs.

Notes to editors:

Angola LNG will gather, process, sell and deliver 5.2 million tons per year of
LNG - plus natural gas, propane, butane and condensate - from its plant in
Soyo, Angola; one of the world's most modern LNG processing facilities. Angola
is the second-largest oil producer in sub-Saharan Africa. Historically
associated gas has been flared or re-injected into the reservoirs, but Angola
LNG provides a solution to reduce emissions and establish a new source of
clean energy.

Shareholders of Angola LNG are Sonangol (22.8%), Chevron (36.4%), BP (13.6%),
ENI (13.6%), and Total (13.6%).

At $10bn the Angola LNG project is one of the largest ever single investments
in the Angolan oil and gas industry. Offering a dedicated fleet of seven LNG
vessels and three loading jetties (LNG, liquids and compressed butane) the
project's mission is to eliminate flaring of gas, provide clean and reliable
energy to customers and maximize return on investment.

http://www.angolalng.com

For more information contact:

Rob Foyle
Communications Advisor
Angola LNG Marketing Ltd
T +44-7880-384-468
rob.foyle@angolalng.co.uk

SOURCE Angola LNG Marketing Ltd
 
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