The TFE Group has won its first delegated procurement contract in Angola for $24.2 million thanks to the CKT consortium in which it holds a 50% stake


THE CONTRACT

This two-year contact – with a possible 12-month extension – focuses on the procurement and shipment of $80 million of spare parts for the Angola LNG factory in Soyo, and is due to start in February 2012. This project, the largest under way in Africa, aims to produce and market liquefied natural gas.

ALNG PROJECT SHAREHOLDERS

 Chevron (36,4%)

 Sonangol Gas Natural (22,8%)

 BP Exploration Angola LTD (13,6%)

 Total Angola LNG LTD (13,6%)

 ENI (13,6%)

TFE'S ROLE IN THIS PROJECT

  • Procurement & Supply Chain
    • Implementation of the procurement process, negotiation of prices, contract terms and conditions, deadlines and quality.
    • Logistics and product conservation, packaging, shipment, management of transport documents, customs clearance and delivery to ALNG warehouses in Soyo.
    • Schedule management.
  • Training of buyers and logistics coordinators sent by Angola LNG, in TFE teams in Houston.
  • Operation tracking with the Customer, ALNG OSP Team, in TFE's offices in Houston (Texas).

KEY FIGURES

  • $80 million of spare parts purchased worldwide (USA, Europe, China, South Korea, South Africa, etc.)
  • $3 million allocated to transport and customs clearance
  • 300 new forty-foot containers
  • Close to 35 people dedicated to this project in the following fields of expertise: procurement, logistics, HSE, QAQC, finance, insurance, legal support, training, management and project follow-up
  • 2 TFE Hubs (Houston and Paris) made available for the project