Anadarko announces $150 mln boost for Mozambique LNG

Anadarko, the operator of Offshore Area 1 in Mozambique’s Rovuma Basin, plans to invest around $150 million next year to advance its LNG project in the north of the country.
By Staff reporter 17 November 2017 0 28440

Anadarko, the operator of Offshore Area 1 in Mozambique’s Rovuma Basin, plans to invest around $150 million next year to advance its LNG project in the north of the country.

“This investment will primarily be used to fund Anadarko’s portion of the costs associated with preparing the site of the future LNG park,” the company told investors in an announcement on its capital programme on Thursday.

Talk to us
Natural Gas Daily welcomes your comments. Email us at comments@interfax.co.uk.