Browsing: LNG
Unresolved issues hold up Exxon Mozambique LNG plan approval
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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Resource nationalism in Tanzania driving gas investors to Mozambique
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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Anadarko hits LNG sales target with Indonesia deal
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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Anadarko Announces 1 mtpa LNG sales agreement with Indian partner
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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Anadarko announces LNG sale to China, financing inches forward
The Anadarko-led Area 1 consortium has signed a 1.5 million tonne per annum (mtpa) binding LNG sales and purchase agreement (SPA) with China’s CNOOC, for LNG produced at its planned 13 mtpa project in northern Mozambique.
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Mozambican insurers excluded from major Anadarko contract
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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‘Stranded’ island off Afungi wants compensation from LNG projects
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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Mozambique LNG land award should be ruled illegal, says law association
The land use certificate granted for the onshore LNG projects in the Rovuma Basin should be ruled illegal by Mozambique’s Administrative Court (Tribunal Administrativo), Mozambique’s Bar Association (Ordem dos Advogados de Moçambique, OAM) said on Thursday.
The land use certificate, known as [...]
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