afrol News, 22 October - With effect from 2012, the Angola LNG Project is expected to produce five million metric tons of gas annually.

The project will offer better environmental protection as well as use the product for commercial and industrial purposes.

Angolan government wants to gradually reduce the burning of gas produced out of oil exploration. The product will be prepared for use by industry and households in 2010 after the elimination of the burn-off.

The country's petroleum authorities said there is need for the adoption of more strategies because the sector faces huge challenges, especially at a time when Africa's oil and gas industry is developing.

In a separate development, Escom of Portugal [part of the Espirito Santo Resources group's sub-holding] is planning to invest over US $120 million to build, repair and manage a hydroelectric network of three Angolan
dams.

There will be an initial construction of a hydroelectric dam at Samuuela and the distribution grid for local industries and towns. The twin-generator hydro could generate a capacity of 12.8 megawatts.

The project also entails the building of a new substation at Luo and connection to the national grid of Angola's ENE state power utility at Lucapa.

By staff writer

© afrol News

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