NGC



  • Block 1&2 gas resources have historicaly been divided between ALNG and an old Gas Project Consortium(GPC) led by ENI.
  • ALNG NAG fields- Quiluma,, Maboqueiro, Atum, Polvo, Engia were awarded to ALNG under the ALNG Investment Contract.
  • ENI and Sonangol proposed to consolidate ALNG NAG and old GPC fields into a "New Gas Consortium", operated by ENI, that would sell gas to ALNG under an improved tax structure.
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•ALNG gas supply and Q&M development Project

Buisness case

  • ALNG plant has historically operated at 70% capacity, and there is a significant decrease in anticipated utilization going forward. As such a portfolio of supply alternatives, including NAG, is required to approach a "plant full" target, otherwise there is a significant gap post-2021.

ALNG gas supply profiles

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Additional supply alternatives

  • Blowdowns from Nemba and Sanha will add 2.9 TCF of gas, reducing supply gap to 3.6 TCF
  • NAG from Q&M project will contribute an additional 1.4 TCF starting in 2022, with additional resource available from future NAG developments

Q&M Project

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Project highlights

  • 13 wells (9 Quiluma & 4 Maboqueiro)
  • Onshore Gas treatment Plant
  • Estimated total cost $2.3 B
  • FID Date - 2Q 2020
  • First gas - 3Q/Q4 2022
  • Daily Volume - 330 mmscfd

estimated timeline of key events

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