Angola LNG starts production

Chevron subsidiary Cabinda Gulf Oil Company Limited on 16 June confirmed the start of initial production of liquefied natural gas (LNG) from the Angola LNG plant at Soyo. The project will reduce the country’s reliance on oil revenue and monetise gas that had been flared, but has suffered delays and cost overruns. Production was slated to begin in Q4 2011 but was initially postponed until February, and then June 2012, when an electrical fire halted progress.