Mozambique liquefied natural gas (LNG), the nation’s first onshore export project, is set to finalize $15 billion of financing commitments this month, according to South Africa’s Rand Merchant Bank (RMB), which is among those funding the facility.
Articles from Mozambique
Swiss giant Vitol Inc. is launching an energy trading venture with ENH, the national oil company (NOC) of Mozambique, where a plethora of natural gas reserves has opened the region to mega export projects.
ExxonMobil Corp. unveiled a bold strategic plan on Wednesday, announcing it would increase capital spend by 35% to $30 billion this year, with another hike to $35 billion eyed for 2020 as it advances a plethora of opportunities.
Indonesia’s state-owned Pertamina on Tuesday became the latest buyer to step up to support the Anadarko Petroleum Corp.-led Mozambique natural gas export project, agreeing to take 1 million metric tons/year (mmty) for 20 years.
Mozambique LNG1 Co. Pte. Ltd. on Friday announced it has another natural gas supply agreement for the proposed export project led by Anadarko Petroleum Corp.
Three top global natural gas buyers, including Royal Dutch Shell plc, have signed on as foundation customers for the proposed Anadarko Petroleum Corp.-led Mozambique liquefied natural gas (LNG) export project, moving it closer to a final investment decision (FID) this year.
Anadarko Petroleum Corp. said Friday it has secured a sale and purchase agreement (SPA) to advance its natural gas export project underway in Mozambique.
A development plan covering the first phase of Mozambique Rovema Venture SpA’s liquefied natural gas (LNG) export project has been submitted for government approval, ExxonMobil Corp. said Monday.
A proposed natural gas export project in Mozambique led by Anadarko Petroleum Corp. gained more legitimacy on Friday after securing two more agreements for long-term supply, indicating optimism may be returning to the export market, one analyst said.
Anadarko Petroleum Corp. continues to progress its proposed natural gas export project in Mozambique and expects to wrap up sales and purchase agreements (SPA) this year, company executives said Wednesday.