Mozambique Oil & Gas: Anadarko gas project is well under way, President of Mozambique says

Anadarko gas project well underway

USA, 16th June – Mozambican President Filipe Nyusi has said he hopes that by the end of the year, decisions will be made for the US oil company Anadarko to launch the natural gas exploration project in the Rovuma Basin in the north of the country.

The head of state was speaking at the end of a meeting in Washington with the president of the company, Al Walker, quoted by Mozambican news agency AIM.

The relative delay in Anadarko’s investment, according to Nyusi, is because it involves many stakeholders and the interests of all the parties involved need to be safeguarded.

“We, the government, are not at ease when things do not happen. And they have to happen swiftly, but cautiously,” to avoid past mistakes, he said.

Walker told reporters that there were a number of unresolved legal issues, but said he was optimistic about resolving them as soon as possible.

Italy’s Eni announced earlier this month the start of the development phase of the Coral Sul project for the production of liquid natural gas (LNG) in the Rovuma Basin, northern Mozambique, with work expected to begin in 2022.

Anadarko and Eni are the two major oil companies operating in the Rovuma Basin in northern Mozambique. (macauhub)

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s