KOGAS

Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

Global Oil & Gas: LNG Project Sanctions Set to Surge in 2019

Posted on December 18, 2018December 18, 2018 by Mozambique Resources Post

Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase four-fold to 80 million tonnes per annum (mtpa) by 2030, according to Wood Mackenzie.

Mozambique Oil & Gas: South Korean quartet boasts major role in Coral South FLNG project

Posted on July 5, 2017 by Mozambique Resources Post

The Export-Import Bank of Korea (Korea Eximbank) said it will provide $1 billion in project financing for the Eni-led Coral South FLNG project offshore Mozambique. In addition to Korea Eximbank’s $1 billion, Korea Trade Insurance Corporation (K-sure) will provide $0.8 billion, making up 22.5 percent of total project costs or 36 percent of project finance.

Mozambique Oil & Gas: “Kogas unaffected by Mozambique LNG investment” – Moody’s

Posted on January 20, 2017 by Mozambique Resources Post

South Korea’s Kogas’ credit quality will not be immediately affected by its decision to invest in the Area 4 Coral South floating liquefied natural gas (FLNG) project in Mozambique, according to Moody’s Investors Service.

Mozambique Oil & Gas: ExxonMobil to explore gas in area 4 of the Rovuma Basin

Posted on October 21, 2016 by Mozambique Resources Post

US Oil giant ExxonMobil will be a partner in the exploration of natural gas in area 4 of the Rovuma basin in the country, the chairman of the State Hydrocarbons company – ENH, Omar Mitha said according to daily newspaper Notícias.

Mozambique Oil & Gas: Gas distribution network in Maputo almost complete

Posted on March 11, 2015 by Mozambique Resources Post

The construction of a gas distribution network in Maputo and Marracuene, southern Mozambique, is almost finished, the consortium of national oil company ENH and Kogas said Tuesday in Maputo. “Thirteen kilometres of the gas pipeline have already been built, corresponding to a degree of implementation of 89 percent and the remaining work will be completed this month, if no unforeseen technical or weather situations occur,” the consortium said in a statement.

Mozambique Oil & Gas: Eni and Kogas sign cooperation agreement on upstream and LNG activities

Posted on October 17, 2014October 17, 2014 by Mozambique Resources Post

Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement will allow the companies to jointly pursue opportunities worldwide.

Mozambique Oil & Gas Industry: Local professionals receive natural gas training

Posted on October 14, 2014 by Mozambique Resources Post

Eighteen Mozambicans will benefit from a training course on the natural gas industry, taking place in South Korea, the Korean International Cooperation Agency (KOICA) said in a statement. The course, organised by KOICA in partnership with the South Korean state-owned Korea Gas Corporation (Kogas), runs from 19 October to 7 November and aims to give an overview of the development of the natural gas industry and provide basic technical expertise on natural gas and related…

Global Mining: Ore production in China increased 7% in June

Posted on July 17, 2014July 17, 2014 by Mozambique Resources Post

China, the biggest global consumer of iron ore, produced 139.3 million tons of raw steel in June, up 7.3% compared with the same month last year, according to government data released on Thursday. The total production in the first six months of the year reached 710.6 million tons, according to data from the national statistics office. See the chart above: