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Energy|Gas|LNG|Petroleum|PROJECT|REA
Energy|Gas|LNG|Petroleum|PROJECT|REA
energy|gas|lng|petroleum|project|rea

Area 1 liquefied natural gas facility, Mozambique

24th May 2019

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Area 1 liquefied natural gas (LNG) facility.

Location
The project proposes to develop an LNG facility on the Afungi peninsula in Cabo Delgado province, in Mozambique.

Project Owner/s
Anadarko Moçambique Área 1, a wholly owned subsidiary of Anadarko Petroleum Corporation, which operates Offshore Area 1.

Coventurers include ENH Rovuma Área Um, Mitsui E&P Mozambique Area1, ONGC Videsh, Beas Rovuma Energy Mozambique, BPRL Ventures Mozambique, and PTTEP Mozambique Area 1.

Project Description
Offshore Area 1 contains about 75-trillion cubic feet of recoverable natural gas.

The project involves the development of Mozambique’s first onshore LNG facility, comprising two initial LNG trains, with a total nameplate capacity of 12.88-million tonnes a year to support the development of the Golfinho/Atum field located entirely within Offshore Area 1.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
Anadarko reported in February this year that it was closer to a final investment decision to build the project after it had signed a sale and purchase agreement (SPA) with Indonesia’s Pertamina. The agreement is for one-million tonnes a year for a term of 20 years. The company remains on track to complete the project financing process and secure the necessary approvals. It has also executed a sufficient volume of long-term SPAs, which now total more than 9.5-million tonnes a year out of a capacity of 12.88-million tonnes a year. Anadarko has said that the project is well positioned to make a final investment decision in the first half of this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Anadarko Petroleum Corporation investor relations Mike Pearl, tel +1832636 3271 or email mike.pearl@anadarko.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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