Anadarko sanctions Mozambique LNG construction

Anadarko sanctions Mozambique LNG constructionImage courtesy of Anadarko

U.S. independent Anadarko and its co-venturers in Mozambique’s Offshore Area 1 have reached the final investment decision (FID) on Area 1 Mozambique LNG project.

The FID confirms the Area 1 plan of development is now effective with notice provided to the government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase, Anadarko said in a statement.

The Anadarko-led Area 1 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 million tonnes per annum (mtpa) to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1.

The project has secured in aggregate 11.1 mtpa of long-term LNG sales (representing 86 percent of the plant’s nameplate capacity) with key LNG buyers in Asia and in Europe. Additionally, the project is expected to have a significant domestic gas component for in-country consumption to help fuel future economic development.

Area 1 will also be responsible for constructing the support facilities to be shared between Area 1 and Area 4 projects, which will include the materials offloading facility and the LNG marine terminal.

In addition, Area 1 has approximately 5,000 workers on-site progressing works associated with the construction of a resettlement village, camp expansion, airstrip, and Palma-Afungi Highway.

The project expects to soon issue notices to proceed under the terms of the previously executed engineering, construction, procurement and installation contracts and finalize financing, the statement reads.

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >