LNG

Mozambique LNG players on the clock to outline scale-up plans

Mozambique’s LNG operators have just over six years to submit plans for monetising the rest of the Rovuma Basin gas Mozambique’s LNG operators have just over six years to submit plans for monetising the rest of the Rovuma Basin gas.
By Leigh Elston 4 December 2018 0 33557
Pemba in Mozambique, the intended site of the country’s oil and gas logistics base. (Interfax)

The scalability of Mozambique’s liquefaction projects could make the country an important strategic player in the LNG world, like Qatar. But unlike Qatar, Mozambique will not have the luxury of scaling up its exports over decades.

A clause in Mozambique’s 2014 LNG decree law states that the Area 1 and Area 4 partners cannot submit new development plans more than 10 years after the start of the “commercial assessment period” – assumed to be the effective date of the LNG decree law. This...