Anadarko signs off with Mozambique LNG FID

Mozambique’s long-awaited giant LNG project is now set for completion

Anadarko's positive final investment decision on the $20bn-plus Area 1 Mozambique LNG project is a significant achievement for a development that has faced numerous challenges over the last decade. The project, which is based on gas from Area 1 in the Rovuma Basin, is one the largest investments in Africa. It will be the country's first onshore LNG development, initially comprising two trains on the Afungi peninsula in northern Mozambique with a total capacity of 12.88m tonnes per year (t/y). First gas is expected in 2023. The last of 11.1m t/y of LNG sales agreements—mainly to take exports to Asia—were tied up earlier this year by the Anadarko-led consortium. Others in the group include Moz