Mozambique LNG1 Company Pte Ltd has signed heads of agreement (HOA) with Tokyo Gas Co, Ltd and Centrica LNG Company Ltd for the long-term supply of liquefied petroleum gas (LNG)
The co-purchasing off-take agreement calls for the delivered ex-ship supply of 2.6 mtpa from the start-up of production until the early 2040s.
The announcement came from Anadarko Petroleum Corporation which operates Mozambique LNG project which is expected to be Mozambique's first onshore LNG development, initially consisting of two LNG trains with a total nameplate capacity of 12.88 mtpa to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1.
“Tokyo Gas and Centrica have a strong global reputation in the industry, and we are delighted they have made this commitment to the Mozambique LNG project,” said Mitch Ingram, executive vice-president for international, deepwater and exploration at of Anadarko.
“This HOA brings together the Anadarko-led Mozambique LNG project and two additional prestigious customers, and it is closely aligned with the Japanese government's desire for a competitively priced and flexible long-term supply of LNG to enhance the nation's energy security,” Ingram added.
The arrangement aims to enable Mozambique LNG to supply customers in both the European and Asian-Pacific markets, added Ingram.
Anadarko Moçambique Area 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, operates Offshore Area 1 with a 26.5 per cent working interest. Co-venturers include ENH Rovuma Area Um, S.A. (15 per cent), Mitsui E&P Mozambique Area1 Ltd (20 per cent), ONGC Videsh Ltd (10 per cent), Beas Rovuma Energy Mozambique Limited (10 per cent), BPRL Ventures Mozambique BV (10 per cent) and PTTEP Mozambique Area 1 Limited (8.5 per cent).
