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 [...]
Log into your account to read this article, or purchase it for £15.00
Privinvest, the contractor which supplied Mozambique’s controversial ‘hidden debts’ security companies, continues to do business in the country through a logistics subsidiary which provides services to offshore oil and gas operations, despite ongoing legal action [...]
Log into your account to read this article, or purchase it for £15.00
Anadarko and its partners formally took the Final Investment Decision on their 13 million tonnes per annum LNG project at a ceremony in Maputo last night, attended by President Nyusi and heads of state from across the region.
Log into your account to read this article, or purchase it for £15.00
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 [...]
Log into your account to read this article, or purchase it for £15.00
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 [...]
Log into your account to read this article, or purchase it for £15.00
Mozambique should only pay sovereign bondholders $369 million of a potential $500m gas-linked bonus, the country’s finance minister told parliament last week - but his calculations only make sense if ExxonMobil’s planned LNG project does not go [...]
Log into your account to read this article, or purchase it for £15.00
A cookie is a piece of information that a website stores on a visitor’s computer. We use this for some functionality on our website to work properly, and also to collect analytics to better understand our visitors and offer them a better experience. You can accept all cookies at once or fine-tune your preferences in the cookie settings.Accept cookiesRefuse cookies
