Since 2024, Angola has intensified efforts to monetise its gas resources and boost LNG exports. The country’s sole liquefaction plant, located in Soyo, has a capacity of 5.2 million tons per year but has historically operated below that level due to limited gas supply.

The state-owned oil company Sonangol in Angola is backing up its gas strategy with plans to expand its fleet of liquefied natural gas (LNG) carriers in the country.
According to media reports seen by AEP, the oil company has ordered two LNG tankers for a total of 770.2 billion South Korean won, or about $511 million.
The order was placed with HD Korea Shipbuilding & Offshore Engineering, part of the HD Hyundai group, with construction to be handled by its subsidiary HD Hyundai Samho Heavy Industries.
Each vessel will have a capacity of 174,000 cubic meters, with delivery expected by September 2029.
The deal follows an earlier order announced this year for a separate LNG carrier valued at about $251 million, also awarded to the same South Korean group and scheduled for delivery in 2028.
These vessels are intended to transport LNG produced in Angola, supporting the nation’s export operations, specifically through the Angola LNG project.
Once delivered, the new tankers will strengthen Sonangol’s existing fleet, which includes 17 oil tankers and five vessels dedicated to transporting liquefied gas, according to Offshore Energy data published in February 2026.
Since 2024, Angola has intensified efforts to monetize its gas resources and boost LNG exports. The country’s sole liquefaction plant, located in Soyo, has a capacity of 5.2 million tons per year but has historically operated below that level due to limited gas supply.
To tackle this, several upstream projects have been unveiled in the country. TotalEnergies announced in March 2026 that the New Gas Consortium has begun developing the Quiluma and Maboqueiro fields, expected to produce about 330 million cubic feet of gas per day at peak—equivalent to around 2 million tons of LNG annually.
In a related vein, Chevron also mentioned in late 2024 that the Sanha Lean Gas project has entered production and is already supplying the Soyo plant.
These developments reflect Angola’s broader strategy to increase gas output and fully utilize its LNG infrastructure as it seeks to expand its role in global energy markets.
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