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Mozambique: Anadarko Signs Agreement with Chinese CNOOC on Gas Exploitation

February 4, 2019
 

Mozambique/China: Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 Lda. coventurers—has entered into a 13-year LNG supply agreement with CNOOC Gas & Power Singapore Trading & Marketing Pte. Ltd. that calls for the supply of 1.5 million tonnes/year of LNG to CNOOC.

Anadarko is developing Mozambique’s first onshore LNG plant consisting of two initial LNG trains with a total capacity of 12.88 million tpy to support Golfinho-Atum field located entirely within Offshore Area 1, where the firm and its partners have discovered 75 tcf of recoverable natural gas resources.

Source: Oil & Gas Journal