Anadarko Claims Progress In Marketing Mozambican Gas

American independent Anadarko, says it continues to make steady progress, along with its partners, in “marketing LNG sourced from the Anadarko-operated Offshore Area 1 in Mozambique”.
The company has insisted that the first cargo of LNG from the southeasternmost African country will be lifted sometime in 2018. “To date, the partners have reached multiple non-binding Heads of Agreement (HOAs) for long-term LNG sales to buyers in premium Asian markets covering approximately two-thirds of the first 5-million-tonne-per-annum train”, Anadarko says in its fourth quarter 2013 statement.
Anadarko made the first commercial discovery in deepwater Rovuma Basin, off Mozambique, in 2010, setting the stage for over a dozen discoveries since then, with more than 100Trillion cubic feet (possible) of reserves claimed by the two operators, Anadarko and Eni, who have signed an agreement for unitized production.