Liquefied success for Maputo

After years of delay and deliberation, Mozambique’s liquefied natural gas (LNG) industry finally looks set to take off. Consortia led by Anadarko and Eni are investing tens of billions of US dollars in liquefaction, while the involvement of China National Oil and Gas Exploration and Development Corporation (CNODC) and China National Petroleum Company (CNPC) highlights the fact that China will be one of the main customers.

Tohoku Electric is the latest customer to sign up for LNG from the Anadarko-led Mozambique LNG project, moving the project one step closer to development. In mid-October, the Japanese company agreed to buy up to 280,000 tonnes a year over 15 years under a sales and purchase agreement. This is the second stage in the contracting process, following the heads of agreement (HOA) signed by Tohoku in December 2017.

Other articles

Mozambique

Mozambique unlikely to repay US$2 billion to Credit Suisse and VTB Bank

Mozambique

Mozambique looks for LNG financing despite market scepticism