Anadarko signs LNG agreements for Mozambique project

Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 co-venturers—has entered into LNG supply agreements with Shell International Trading Middle East Ltd., as well as a co-purchasing agreement with Tokyo Gas Co. Ltd. and Centrica LNG Co. Ltd.

The 13-year agreement with Shell is for 2 million tonnes/year of LNG. The long-term agreement signed with Tokyo Gas and Centrica is an offtake agreement for the delivered exship supply of 2.6 million tpy from the start-up of production until the early 2040s.

The agreements come shortly after the signing of a 13-year supply agreement with CNOOC reported earlier this month (OGJ Online, Feb. 1, 2019).

Anadarko is developing Mozambique’s first onshore LNG plant consisting of two initial LNG trains with a total capacity of 12.88 million tpy to support Golfinho-Atum field, which lies entirely within Offshore Area 1, where the firm and its partners have discovered 75 tcf of recoverable natural gas resources.

Anadarko operates Offshore Area 1 with 26.5% working interest. Partners are ENH Rovuma Area Um SA with 15%, Mitsui E&P Mozambique Area1 Ltd. 20%, ONGC Videsh Ltd. 10%, Beas Rovuma Energy Mozambique Ltd. 10%, BPRL Ventures Mozambique BV 10%, and PTTEP Mozambique Area 1 Ltd. 8.5%.