Anadarko Strikes New Deals on Mozambique LNG
Anadarko announced a pair of sign and purchase agreements (SPA) on the Mozambique LNG project that is gradually moving toward sanction. Mozambique LNG1, the sales entity jointly owned by Anadarko and other co-venturers in Mozambique Offshore Area 1, signed SPAs with Shell and Tokyo Gas and Centrica. Shell’s deal will call for 2 mtpa over a 13-year period, while the Tokyo Gas deal calls for 2.6 mtpa from production startup until the early 2040s.
Anadarko is developing Mozambique’s first onshore LNG plant, which will consist of two initial LNG trains with a total nameplate capacity of 12.88 mtpa, to support the development of the Golfinho/Atum field located entirely within Offshore Area 1.
The Tokyo deal is the second supply deal announced with a major Asian buyer in the last week. Mozambique LNG1 also reached an agreement with CNOOC Gas and Power Singapore for 1.5 mtpa over a 13-year period.
Twelve Companies Vie To Build Bangladesh’s First Onshore LNG Import Terminal
The country has scrapped plans to build additional FSRUs, and decided instead on land-based LNG as the mainstay of its energy mix
Africa Takes the Lead in Record Year for LNG
Driven by Mozambique’s Area 1 and Area 4 projects, Africa is poised to become the dominant LNG investment destination by the end of this year, with the continent seeing nearly one-third of total greenfield investment.
InfraStrata Considers Deal For UK FSRU Project
The UK-based energy infrastructure development firm has entered an exclusivity agreement with Meridian Holdings for an FSRU project offshore northwest England. The project would include a floating FLNG receiving port.
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