Mozambique: closer to first gas

Confidence in Mozambique’s geomarket outlook was further raised February 1 by the announcement that Anadarko secured another significant Sales and Purchase Agreement (SPA) for the future supply of liquified natural gas from offshore deposits of the southern African country. Anadarko’s SPA brings the oil and gas company to its preliminary target of negotiating sufficient gas supply contracts to secure funding for the estimated $15 billion LNG project. The agreement announced February 1 between Anadarko and CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. (CNOOC) calls for the supply of one and a half million tonnes per year of …

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