Chinese corporation agrees to buy 1.5 million tonnes of Moz LNG
7 Feb 2019 - by
China National Offshore Oil Corporation (CNOOC) has signed a 13-year contract with United States company Anadarko Petroleum to purchase 1.5 million tons of natural gas per year to be extracted and processed in Mozambique.
"This deal gives China's largest LNG importer access to Mozambique LNG's world-class gas resources, which are strategically located off the East Coast of Africa, and will provide China with a clean source of energy for years to come,” said Mitch Ingram, Anadarko executive vice president, International, Deepwater & Exploration.
The Anadarko-operated Mozambique LNG project – in the Rovuma basin block – will be Mozambique's first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 million tonnes per annum to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1.