Mining & Energy
Mozambique needs another US$2.3 billion for ENH to join Anadarko project, IMF says
Mozambique will approve Anadarko’s development plan for an offshore gas field this month, an important step in the U.S. firm’s Liquefied Natural Gas project, energy minister Letícia Klemens said on Thursday, cited by Reuters.
The Golfinho field will supply gas to Mozambique’s first onshore LNG plant consisting of two initial LNG trains with a total capacity of 12 million tonnes per annum.
Anadarko’s plant, which will cost around $15 billion, is due to be producing LNG by 2022 or 2023 but has suffered several delays, Reuters reports.Reuters
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