Anadarko Petroleum |

Anadarko May Not Decide on Mozambique Gas Until 2018, ENH Says

MAPUTO (Capital Markets in Africa) – Anadarko Petroleum Corporation isn’t likely to make a final investment decision on its $20 billion liquefied natural gas project in Mozambique before the end of next year, even as it races to get the fuel to markets ahead of rivals, its state-owned partner said. The venture may look at options to speed the process up, such as selling at a lower price to international LNG traders who would collect…

Anadarko Brings Mozambique Plan Nearer to Fruition With PTT Deal

Posted on by The Editorial Team

MAPUTO (Capital Markets in Africa) – Anadarko Petroleum Corp. moved nearer to greenlighting a natural-gas project in Mozambique as it struck a deal to sell some of the fuel to Thailand’s national energy company. PTT Pcl will buy 2.6 million tons a year of liquefied natural gas under a long-term contract starting in 2023, Chief Operating Officer Wirat Uanarumit said Monday in Bangkok. That’s about a quarter of the amount that must be contracted to bring the project to…