Oil giant Anadarko said on Friday it has signed a deal with one of China’s biggest importers to supply 1.5 million tonnes of liquefied natural gas (LNG) a year from Mozambique for a period of 13 years.
The contract, signed by Anadarko and China’s GNOOC Gas and Power Singapore Trading & Marketing, gives China’s biggest liquefied natural gas (GNL) importer access to world-class gas resources from Mozambique LNG, Mitch Ingram, executive vice president of Anadarko’s International, Deepwater and Exploration division, said.
The gas reserves are “strategically located” along the east coast of Africa and will provide China with a clean source of energy in the upcoming years, Ingram added.
The contract is part of a growing “list of clients in the Asia and Pacific region,” he said, saying this proved the “excellent progress” there was in meeting the objective of taking a final investment decision regarding its East African LNG project in the first half of the year.
Ingram said he hoped to announce more contracts in a near future.
Anadarko won Mozambique’s approval to develop the gas field in the country earlier this year, in a bid to generate revenue for the impoverished country.
The facility is being built in Cabo Delgado province, around 2,500km from the capital, Maputo.