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Mozambique: Govt, ENI and Anadarko to sign contract on LNG Maritime Terminal tomorrow

5:56 CAT | 09 Aug 2017

The Mozambican government and the multinationals ENI and Anadarko will sign the concession contract for the Liquefied Natural Gas (LNG) Maritime Terminal in Areas 1 and 4 of the Rovuma Basin, in northern Mozambique, tomorrow, Thursday August 10, in Maputo.

A statement distributed today in Maputo indicates that the contract will be signed by the Minister of Mineral Resources and Energy of Mozambique, Lectícia Klemens and by Fábio Castiglion of Eni East Africa, and John Bretz of Anadarko Moçambique.

“The act follows the approval by the Council of Ministers and publication of Decrees 36/2017 and 37/2017, both of July 21, which approve the terms and conditions of the Concession Agreements of the installations to be used to unload construction materials and the LNG Maritime Terminal,” the press release said.

Also Read: Watch: More on terms for LNG terminals approved

The LNG Maritime Terminal, Areas 1 and 4 of the Rovuma Basin, will be built at Ponta Afungi, Tungue Bay, district of Palma in the province of Cabo Delgado.

On the same occasion, Letícia Klemens will also sign special licenses, related to natural gas development projects by ENI and Anadarko, with the Ministers of Land, Environment and Rural Development, Celso Correia, of the Sea, Inland Waters and Fisheries, Agostinho Mondlane, and of Transport and Communications, Carlos Mesquita.

Watch: Anadarko close to final investment decision for Mozambique LNG

ENI leads a consortium, including Galp, which will develop a floating LNG production platform project for the Rovuma Basin Area 1 concession, while Anadarko is a concessionaire, also in a consortium, of Area 4, located the same region.

The two consortia have identified natural gas reserves amounting to 200 trillion cubic feet in the Rovuma Basin.

Source: Lusa

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