Mozambique Rovuma LNG development plan

The media reported on 14 May 2019 that the government of Mozambique has approved the development plan for the Rovuma LNG project, according to Mozambique Rovuma Venture.    This will produce, liquefy, and market natural gas from the deepwater Mamba fields in the Rovuma basin in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area… Continue reading Mozambique Rovuma LNG development plan

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Anadarko’s Palma Afungi LNG plant in Northern Mozambique

Given the increasingly crowded LNG market, Mozambique must minimise delays in developing its projects if it is to gain from the existing dynamics of the market. The slow progress in bringing the LNG projects online has so far done little, however, to improve its economic situation, particularly given that Mozambique defaulted on loans worth US$2 billion ($2.7… Continue reading Anadarko’s Palma Afungi LNG plant in Northern Mozambique