Anadarko Petroleum Corporation has announced that is subsidiary Mozambique LNG1, has signed a Sale and Purchase Agreement (SPA) with the Japanese company JERA and Taiwan state-run company CPC Corporation. The SPA includes supply of 1.6 Mt/y (2.15 bcm/y) of LNG over 17 years from the commercial start date. With this new SPA, Anadarko totals long-term agreements of 11.1 Mt/y (15 bcm/y) for its Mozambique liquefaction project.
Mozambique LNG (MLNG) is being developed by Anadarko (26.5%) in partnership with Mitsui E&P Mozambique (20%), Empresa Nacional de Hidrocarbonetos (ENH, 15%), ONGC-OIL (10%), Beas Rovuma Energy (10%), Bharat PetroResources (10%), PTTEP (8.5%). It will exploit gas reserves from the Offshore Area 1 in the Rovuma basin (estimated to hold more than 2 100 bcm or 12 Gboe). The project will consist of two liquefaction trains with a total nameplate capacity of 12.9 Mt/year. The final investment decision (FID) on the project is slated for June 2019 and the project could start production in 2022-2023.
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.