Mozambique Oil & Gas: Anadarko, Jera in Moz LNG talks

Anadarko-Jera-in-Mozambique-LNG-talks-530x354Texas-based Anadarko is reportedly in negotiations with Japanese JV Jera to supply liquefied natural gas from the planned Mozambique LNG project.

Anadarko and Jera, a joint venture between Tokyo Electric and Chubu Electric, are in talks over a long-term LNG import deal, Reuters informs.

Tepco and Chubu set up Jera in April with an aim to become the cheapest buyer of the chilled gas in East Asia.

Anadarko and partners have discovered more than 75 trillion cubic feet (Tcf) of recoverable natural gas resources in Mozambique’s Offshore Area 1 and are working to develop an initial two-train LNG export project.

Joint venture consisting of CB&I, Chiyoda and Saipem(CCS JV) was in May this year awarded a contract for the initial development of the onshore LNG park in Mozambique.

The scope of the work for the onshore LNG park includes two LNG trains, each with capacity of 6 MMTPA. The scope also includes two LNG storage tanks, each with capacity of 180,000 cubic meters, condensate storage, multi-berth marine jetty and associated utilities and infrastructure.

The selection of CCS JV is subject to negotiation and entry into a definitive agreement prior to taking FID.

Anadarko operates the Offshore Area 1 with a 26.5-percent working interest. Co-venturers include Empresa Nacional de Hidrocarbonetos (15 percent), Mitsui (20 percent), ONGC Videsh (16 percent), Bharat PetroResources (10 percent), PTT Exploration & Production (8.5 percent), and Oil India (4 percent).

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