Anadarko inks Mozambique LNG supply HoA

Anadarko inks Mozambique LNG supply HoAIllustration only. Image source: Pixabay under CC0 Creative Commons license.

Anadarko Petroleum Corporation signed a heads of agreement (HOA) with Tokyo Gas and Centrica LNG Company for the long-term supply of LNG.

The co-purchasing off-take agreement calls for the delivered ex-ship supply of 2.6 million tonnes per annum (MTPA) from the start-up of production until the early 2040s.

Mitch Ingram, Anadarko executive vice president, international, deepwater & exploration said, “at 2.6 MTPA, this HOA represents a significant portion of the marketing off-take target we have set for FID, and it further reinforces our previous updates on the project, which have stated our focus now is on converting these non-binding commitments into fully-termed sale and purchase agreements.”

The Anadarko-operated Mozambique LNG project will be Mozambique’s first onshore LNG development, initially consisting of two LNG trains with a total nameplate capacity of 12.88 mtpa to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1.

Anadarko Moçambique Área 1, a unit of Anadarko Petroleum Corporation, operates Offshore Area 1 with a 26.5-percent working interest. Co-venturers include ENH (15 percent), Mitsui E&P (20 percent), ONGC Videsh (10 percent), Beas Rovuma Energy Mozambique (10 percent), BPRL Ventures Mozambique (10 percent), and PTTEP Mozambique (8.5 percent).

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