SPAs

Mozambique Oil & Gas: Anadarko working on SPAs for Rovuma Area 1 block

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: Anadarko working on SPAs for Rovuma Area 1 block

Anadarko Petroleum has agreed key terms on the offtake of around two-thirds of the liquefied natural gas from the first phase of its proposed Area 1 development in Mozambique, where sanction is set for the first half of next year.

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Mozambique Oil & Gas: Why do Companies Need to Secure Sales and Purchase Agreements (SPAs) in order to reach FID

Posted on by Mozambique Resources Post

Due to the significant investments associated with the development of an offshore natural gas field and construction of an onshore LNG facility, Mozambique LNG plans to secure long-term Sales and Purchase Agreements (SPAs) with LNG buyers.

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