Anadarko signs new Mozambique LNG SPA

ANADARKO Petroleum has secured another long-term offtake agreement for its proposed Mozambique LNG project with India’s Bharat Petroleum for a sale and purchase agreement of one million tonnes per annum, bringing its total contracted volume to 8.5MMtpa, above the level it needs to make final investment decision. 

Anadarko signs new Mozambique LNG SPA Anadarko signs new Mozambique LNG SPA Anadarko signs new Mozambique LNG SPA Anadarko signs new Mozambique LNG SPA Anadarko signs new Mozambique LNG SPA
 
The two-train export terminal will have a nameplate capacity of 12.88MMtpa.
Sanction is expected in the first half of the year.
  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.