Global Markets: China to increase LNG import capacity

Global Markets: China to increase LNG import capacity

China is lining up the construction of new LNG import facilities while also expanding its existing LNG terminal in the Greater Bay area. Advertisements

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Mozambique Oil & Gas: “Anadarko-led gas block FID by April” – Minister

Mozambique Oil & Gas: “Anadarko-led gas block FID by April” – Minister

Mozambique’s Rovuma gas development will see a final investment decision (FID) for Area 1 by April, the chairman of the country’s NOC said on Sunday.

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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 Shell

Mozambique Oil & Gas: Anadarko announces LNG sale and purchase agreement with Shell

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 Shell International Trading Middle East Ltd. (Shell). The SPA is for 2 million tonnes of LNG per annum (MTPA) for a term of 13 years.

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