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Home Africa

Anadarko expects to decide on investment in Mozambique LNG export terminal in 2019

FurtherAfrica by FurtherAfrica
June 27, 2018
in Africa, Commodities, FDI, Gas, Mozambique, Natural Resources
Reading Time: 1 min read
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Anadarko Petroleum Corp said Wednesday the U.S. oil and gas producer expects to finalize its sales and financing agreements in order to make a final investment decision in the first half of 2019 to build the first liquefied natural gas export terminal in Mozambique.

Mitchell Ingram, Anadarko’s executive vice president, international, deepwater and exploration, said at the World Gas Conference in Washington, D.C., that the U.S. oil and gas producer was ready to move forward with the Mozambique project after lining up enough customers for the LNG.

Source: Reuters

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Tags: Anadarko Petroleum CorpExxon MobilFDIFeatureFIDfinal investment decisionfinancing agreementsLiquid Natural GasLNGLNG terminalMitchell IngramMozambiqueOffshorePalmaмозамбикموزمبيقモザンビーク莫桑比克
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