Browsing: LNG

Extractives An ExxonMobil offshore platform
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Mozambique’s petroleum regulator, INP, is still reviewing the LNG development plan for the Area 4 block in the Rovuma Basin, despite pressure from operator ExxonMobil to have the plan approved by the end of March to allow it to take a final investment [...]

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Oil & Gas Artist impression of an FLNG vessel. Photo: Technip
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The high risk of resource nationalism in Tanzania means that oil companies are increasingly viewing neighbouring Mozambique as a “more predictable and dependable partner” for the development of offshore gas assets, according to political risk consultancy Verisk Maplecroft. Tanzania’s descent [...]

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Extractives A early visualisation of how Mozambique's onshore LNG project could be laid out. Image: Anadarko
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Anadarko could take FID on its Mozambique LNG project at the end of March after signing a sale and purchase agreement (SPA) to sell one million tonnes per annum (mtpa) of LNG to Indonesia’s Pertamina - bringing its total contracted volumes to 9.5 [...]

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Extractives Operations on offshore Area 1, Mozambique. Photo: Anadarko
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Anadarko and its partners the Mozambique LNG project have signed a binding LNG sales agreement with Bharat Gas Resources, a subsidiary of India’s Bharat Petroleum Corporation (BPCL) – a 10% shareholder in Area 1 – for 1 million tonnes per annum (mtpa) for 15 years, the company announced on [...]

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Business Workers on a gas rig offshore Mozambique. Photo: Anadarko
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Mozambican insurers will be excluded from a multi-million dollar contract for the Anadarko-led LNG project in Mozambique, as no local firm meets the tender requirements, Zitamar understands. A call for expressions of interest (EOI) to provide onshore [...]

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Business Satellite view of Ilha Tecomaji and the Afungi Peninsula. Image: Google
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Anadarko and ExxonMobil’s plans to build giant LNG export projects in northern Mozambique have derailed construction of a tourism complex on Ilha Tecomaji by a company part-owned by a former minister of natural resources. Anadarko and ExxonMobil’s refusal to engage with Tecomaji Lda “is in [...]

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