For the latest figures, view the 2024 Supplement to the Annual Report.

The Angola Liquefied Natural Gas (ALNG) Project is one of the largest energy projects on the African continent and the first LNG project in Angola. Located in Soyo and operated by Angola LNG Limited, ALNG commercializes associated natural gas produced by Chevron and other crude oil operators.

As the world’s first LNG plant supplied with associated gas, ALNG supports continued offshore oil field development. With a capacity to process 1.1 billion cubic feet of natural gas per day, the ALNG plant helps Chevron meet the global demand for abundant, cleaner-burning natural gas.

ALNG spans 6.5 million oil and gas acres.

In 2024, Chevron achieved the first gas on the Sanha Lean Gas connection project, securing incremental natural gas supply to the ANLG facility.

Chevron owns 31% of the New Gas Consortium with recognized proved reserves. In 2024, agreements were completed, and the project is over 50% complete. The first production is expected in 2025.

Chevron achieved a subsea engineering feat when it completed the drilling of a well intersection conduit beneath the Congo River’s submarine canyon – one of the largest in the world – as part of the Congo River Canyon Crossing Pipeline Project. At approximately 2,000 feet (610 m) beneath the seabed, the Congo River Crossing is Chevron’s largest-ever well intersection and was the most technically challenging aspect of the project.

Chevron holds a 38.1 percent interest in the 87-mile (140-km) pipeline, which was designed to transport up to 250 million cubic feet per day of natural gas from Blocks 0 and 14 to the Angola LNG Plant. Gas flow to the plant commenced in September 2016.

Cautionary Statement