Anadarko in Mozambique LNG Talks with Japan

Anadarko is in negotiations with potential customers in Japan to purchase supplies from the planned Mozambique LNG project, Bloomberg reported, citing Steve Hoyle,  Anadarko’s vice president of LNG marketing as saying.

“We are advancing efforts with selective companies in Japan and we’re hopeful that the policy uncertainty around nuclear power and U.S. exports does not cause them to miss out,” he said.

“None of those things are going to be clarified anytime soon,” he added.

Mozambique LNG is emerging as a leader in the global LNG industry, with up to 65 trillion cubic feet (Tcf) of estimated recoverable natural gas (approaching 100 Tcf of original gas in place (OGIP)) discovered to date in Mozambique’s Offshore Area 1.

In cooperation with the Government of Mozambique and the operator of the adjacent Offshore Area 4, the partners in the Mozambique LNG project are advancing an LNG development initially consisting of four 5-million-tonnes-per-annum liquefaction trains with significant expansions in future years.

[mappress]
LNG World News Staff, March 13, 2013; Image: Andarko