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Consortium announce FID for Mozambique LNG project

Consortium announce FID for Mozambique LNG project
Anadarko Petroleum and the co-ventures in Mozambique's offshore area 1 have announced a FID on the Anadarko-led Area 1 Mozambique LNG project.

The Anadarko-led Area 1 Mozambique LNG project will be the country's first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 million tonnes per annum to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1. The project has successfully secured in aggregate 11.1 mtpa of long-term LNG sales with key LNG buyers in Asia and in Europe.

The project will 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.

His Excellency President Filipe Nyusi said at the ceremony that it is one of the most important and transformation projects in Mozambique's history.

Anadarko chairman and CEO Al Walker adds: 'This brings us a step closer to making Mozambique's first onshore LNG facility a reality.

'As the world increasingly seeks cleaner forms of energy, the Anadarko-led Area 1 Mozambique LNG project is ideally located to meet growing demand, particularly in expanding Asian and European markets.'

The next step will be the issuing of notices to proceed under the previously executed ECP and installation contracts.



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