LNG in Mozambique gets USD 30 bln push

LNG in Mozambique gets USD 30 bln push

Mozambique’s natural gas sector will get a $30 billion investment to build the capacity for production of 20 million tonnes per year of LNG, with first exports planned to start in 2018.

Reuters reports that the investment will be directed into the development of ports of Pemba and Palma where the LNG facilities are planned and where Rovuma Basin gas will be transferred to.

Exports will start with a 5 million tonnes per year train in 2018 with plans to push the capacity to 20 million tonnes per year.

The government of Mozambique recently approved a “special regime” for LNG development in the Rovuma Basin areas 1 and 4, that will cover construction, operation and all other LNG related activities.

 

LNG World News Staff, August 22, 2014; Image: MZLNG

Share this article

Follow LNG World News

3 thoughts on “LNG in Mozambique gets USD 30 bln push”

  1. Pingback: sidney

Comments are closed.

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

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

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >