POST Online Media Lite Edition



 

Anadarko announces LNG sale and purchase agreement with JERA And CPC Corporation, Taiwan

Christian Fernsby |
Anadarko Petroleum Corporation announced Mozambique LNG1 Company, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with JERA and CPC Corporation, Taiwan.

Article continues below




The SPA calls for the delivered ex-ship supply of 1.6 million tonnes per annum (MTPA) for a base term of 17 years from the commercial start date.

Mozambique LNG's portfolio of long-term sales now includes four of the top five LNG importing markets in the world.

Anadarko is developing Mozambique's first onshore LNG facility consisting of two initial LNG trains with a total nameplate capacity of 12.88 MTPA to support the development of the Golfinho/Atum field located entirely within Offshore Area 1.


What to read next

Anadarko to reduce U.S. onshore activities by almost $2.5 billion
Anadarko Petroleum of Texas to supply natural gas from Mozambique to Japan
Taiwan's CPC to start building third LNG terminal