American multinational oil and gas firm Chevron will bring online an additional 300 million standard cubic feet of natural gas per day in Block 0 to feed the Angola LNG project by the end of 2024, Billy Lacobie, Managing Director of Chevron in Angola told Energy Capital & Power during the Angola Oil & Gas conference last week.
Operated by Chevron, Angola LNG is the largest single cost project in Angola, according to Lacobie.
Lacobie said increasing gas production in Block 0 aligns with the firm’s efforts to maximize and capitalize on growing opportunities within the block.
“In the past 70 years we have been concentrating primarily on oil production and since the past decade or two, we are starting to concentrate on gas production,” stated Lacobie.
“While Block 0 has been the cornerstone for production since the oil and gas industry started, it is still the one that is bearing fruit for us and the government. We want to optimize our project scope in block 0 and there are still more infill drilling opportunities and more projects on-going,” he said.
The additional gas will be transported to the Angola LNG facility via the Congo River Crossing Pipeline (CRX Pipeline), doubling the pipeline’s transportation capacity from the current 300 million cubic feet per day.
