Anadarko signs Mozambique LNG supply deal with Bharat

Anadarko signs Mozambique LNG supply deal with BharatImage courtesy of Anadarko

US independent Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources for the supply of LNG volumes from the Mozambique LNG development.

Under the sale and purchase agreement, Bharat Gas Resources, a Bharat Petroleum Corporation unit, will purchase 1 million tonnes per annum for a term of 15 years, from Mozambique’s first onshore LNG plant, Anadarko said in a statement on Friday.

“In addition to BPCL being an upstream equity co-venturer in the Mozambique LNG project, we are also pleased to have them as one of our foundation customers,” said Mitch Ingram, Anadarko executive vice president, international, deepwater & exploration.

“With this agreement, Mozambique LNG now has executed more than 8.5 MTPA of SPAs,” Ingram said, adding that Indian state-owned companies have acquired a 30 percent interest in the project.

Mozambique’s first onshore LNG plant consisting 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.

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 Rovuma Área (15 percent), Mitsui E&P Mozambique Area1 (20 percent), ONGC Videsh (10 percent), Beas Rovuma Energy Mozambique (10 percent), BPRL Ventures Mozambique (10 percent), and PTTEP Mozambique Area 1 (8.5 percent).

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