plant, the largest single energy investment in Angola, is slated to provide up to 125,000 CF/d of gas for the domestic market.
was established last year as a marketing organisation to match potential sellers of Australian gas to potential buyers in the Asia-Pacific region apart from Japan where Australia already has annual gas sales of A$1.5 billion.
A consortium of Mitsui (34%), NYK Bulkship (33%) and Teekay (33%) in early 2008 signed an agreement with ALNG
to supply four 160,000 cm LNG tankers beginning from late 2011.
believes strong potential exists for Australian participation in the Taiwanese and Chinese markets.
plant, which is the largest single energy investment in Angola, is slated to provide up to 125,000 CF/day of natural gas for the domestic market.
The creation of Angola LNG (ALNG
) in partnership with Chevron and other IOCs and the development of a major petrochemicals business geared for export as well as meeting local needs.