OGF Article Mozambique LNG Signs Supply Deal With CNOOC

Stephen Whitfield, Senior

SPE.org 

Mozambique LNG1, a sales entity jointly owned by co-venturers in the Mozambique Offshore Area 1, has signed a sale and purchase agreement with CNOOC Gas and Power Singapore. Area 1 operator Anadarko said the agreement covers a supply of 1.5 mtpa over a 13-year term. Mozambique LNG will be the country’s first onshore LNG development. The facility will be equipped with two LNG trains with a total nameplate capacity of 12.88 mtpa to support the development of the Golfinho/Atum fields, which are located entirely within Offshore Area 1. Approximately 75 Tcf of recoverable natural gas has been discovered in Offshore Area 1, the equivalent of 12 billion bbl of oil.