Browsing: LNG

Electricity KARMOL LNG-to-powership in Nacala ©KARMOL
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Turkey’s Karpower is to switch its oil-fueled floating power plant in Nacala to run off LNG, in collaboration with the world’s biggest LNG shipping company Mitsui OSK Lines, in what will be the first LNG-to-power plant in southern Africa.

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Electricity Gas storage tanks at Beluluane Industrial Park. Picture: Beluluane Industrial Park
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The Mozambican government approved on Tuesday the construction of a $700 million gas-fired power plant in Beluluane, Maputo province, that will have the capacity to produce up to 2,000 megawatts of electricity. The construction of the power station is [...]

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Extractives Rovuma LNG logo_article
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The Mozambican government is pushing for ExxonMobil to take a final investment decision (FID) on its Rovuma LNG project before elections on 15 October, but a combination of higher-than-expected engineering, procurement and construction (EPC) bids, and growing uncertainty around the security [...]

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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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