Mozambique: Moz LNG terminals echo global risks

Mozambique: Moz LNG terminals echo global risks

Mozambique, one of the world’s poorest nations, is set to become a top global gas exporter thanks to two huge terminals about to be built in a northern province. Advertisements

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Mozambique Oil & Gas: Is this the LNG year for Mozambique?

Mozambique Oil & Gas: Is this the LNG year for Mozambique?

Financial scandal and security issues are the latest challenges to be overcome in Mozambique’s long-delayed emergence into the world of LNG. However, a raft of off-take agreements for two major projects in the country’s north should make 2019 a pivotal year as investors move towards final investment decisions. These projects would represent Mozambique’s biggest foreign direct investments to date.

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Mozambique Oil & Gas: Anadarko Announces LNG Sale and Purchase Agreement With CNOOC

Mozambique Oil & Gas: Anadarko Announces LNG Sale and Purchase Agreement With CNOOC

Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. (CNOOC).

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Mozambique Oil & Gas: Anadarko to acquire armored vehicles to shield itself against “Al Shabaab” in Palma

Mozambique Oil & Gas: Anadarko to acquire armored vehicles to shield itself against “Al Shabaab” in Palma

@Verdade – In the face of increasingly close armed attacks on its facilities and the apparent incompetence of the State Defense and Security Forces to put and end to the insurgents that terrorized the north province of Cabo Delgado since October 2017, Anadarko is shielding itself against the called mozambicans “Al Shabaab” insurgents .

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Mozambique Oil & Gas: Anadarko project employs currently over 4,700 Mozambicans

Mozambique Oil & Gas: Anadarko project employs currently over 4,700 Mozambicans

The natural gas extraction and liquefaction project led by US group Anadarko Petroleum already directly and indirectly employs more than 4,700 Mozambican workers or 94% of the total workforce through service companies, the group’s Mozambican subsidiary said in a statement.

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Mozambique Oil & Gas: First attack reported near Anadarko camp in Palma

Mozambique Oil & Gas: First attack reported near Anadarko camp in Palma

The village of Maganja was attacked at 22h00 last night. It is just 7 km from the Anadarko camp developing the gas liquification plants, and is the closest attack so far. Two people were killed, including a well known local trader. Four houses, several kiosks and a minibus were burned.

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Mozambique Oil & Gas: After armed attacks, Palma communities call for suspension of LNG projects

Mozambique Oil & Gas: After armed attacks, Palma communities call for suspension of LNG projects

Gunshots rang out in the town of Palma, in the northern Mozambican province of Cabo Delgado on Monday morning, as the defence and security forces tried to disperse a demonstration calling for the suspension of the natural gas projects in the district.

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Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

ozambique will have to wait until 2023 to achieve economic growth of 7.5%, a rate it was used to in the not too distant past, according to forecasts by the Economist Intelligence Unit (EIU).

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