Browsing: Area 1

Daily Briefing Photo © Tom Bowker / Zitamar News
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Welcome to Zitamar’s daily Mozambique briefing for 29 October, 2019


Extractives An aerial photo of the LNG project site at Afungi, Cabo Delgado.
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LNG project company says it is working with government to ascertain why the subsidies it’s paying aren't reaching soldiers Soldiers guarding the LNG project site in insurgency-hit Cabo Delgado have complained they are not receiving 'hardship payments' paid by the oil companies [...]

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Oil & Gas Map of the Area 1 Mozambique LNG project ©Total
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French oil major Total has closed the $3.9 billion acquisition of Anadarko’s 26.5% interest in the Mozambique LNG project in Cabo Delgado and is now officially the operator of the 13 million tonne per annum project. The transaction will bring in around $880 [...]

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Extractives Photo: US Exim Bank Facebook page
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The Anadarko-led Area 1 consortium has assembled a large group of state-owned export credit agencies (ECAs) to support the financing of the $20 billion Mozambique LNG project which reached its final investment decision (FID) on 18 June, sources have told [...]

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