Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’

Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’

Courtesy of African Energy Chamber

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Mozambique Oil & Gas: Anadarko Announces Mozambique LNG Sale, Long Term Purchase Agreement with EDF

HOUSTON, Feb. 20, 2018 /PRNewswire/ — 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 entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF). The off-take agreement calls for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years. “EDF is one of the world’s largest electric utilities, and reaching this SPA continues to validate Mozambique…

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