Anadarko signs additional LNG agreement for Mozambique plant

Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 coventurers—has entered into a 17-year, 1.6 million-tonne/year LNG supply agreement with Jera Co. Inc. and CPC Corp.

May 13th, 2019

Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 coventurers—has entered into a 17-year, 1.6 million-tonne/year LNG supply agreement with Jera Co. Inc. and CPC Corp.

Anadarko is developing Mozambique’s first onshore LNG plant, which will contain 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 company and its partners have discovered 75 tcf of recoverable natural gas resources (OGJ Online, Feb. 5, 2019).

Anadarko operates Offshore Area 1 with 26.5% working interest. Partners are ENH Rovuma Area Um SA with 15%, Mitsui E&P Mozambique Area1 Ltd. 20%, ONGC Videsh Ltd. 10%, Beas Rovuma Energy Mozambique Ltd. 10%, BPRL Ventures Mozambique BV 10%, and PTTEP Mozambique Area 1 Ltd. 8.5%.

The Mozambique LNG project is expected to make a final investment decision on June 19 and has currently executed supply agreements of more than 11.1 million tpy, Anadarko said.

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