UPDATE 1-Anadarko closes in on final Mozambique LNG decision [Reuters]
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Source: Reuters
UPDATE 1-Anadarko closes in on final Mozambique LNG decision * Indian agreement cements over 8.5 mtpa in committed offtake * Anadarko says another deal expected in “very near” future * Project will turn Mozambique into major gas exporter (Adds Anadarko comment on other agreements, PTT) By Sabina Zawadzki LONDON, Feb 15 (Reuters) - U.S. independent energy producer Anadarko moved closer to a final investment decision (FID)to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent. Anadarko and Exxon Mobil are expected to sanction two separate but neighbouring LNG projects in Mozambique this year after finding large offshore gas deposits, turning the African nation into a major global gas exporter. The company said on Friday it had struck a sales and purchase agreement (SPA) with India’s Bharat Petroleum Corporation Ltd for 1 million tonnes per annum (mtpa) for 15 years, the fourth such agreement t
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