CNOOC signs contract with Anadarko to buy 1.5 mn tonnes of Mozambique LNG
CNOOC has signed a contract with Anadarko Petroleum
Feb 11, 2019: China National Offshore Oil Corporation (CNOOC) has signed a 13-year contract with Anadarko Petroleum, a US-based company to purchase 1.5 million tonnes of natural gas per year to be extracted and processed in Mozambique.
"This deal gives China's largest liquefied natural gas (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, executive vice president, International Deepwater & Exploration, Anadarko.
The Mozambique LNG project operated by Anadarko in the Rovuma basin block will be Mozambique's first onshore LNG development, initially consisting of two LNG trains with a 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.