President receives the Chairman of the Board of Directors of Anadarko

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President receives the Chairman of the Board of Directors of Anadarko

1:40 CAT | 08 May 2019

Photo: Presidency of the Republic of Mozambique

President Filipe Nyusi has met Al Walker, Chairman of the Board of Directors of Anadarko, in the Office of the President of the Republic, on Tuesday.

Speaking to the press after the meeting, Minister of Mineral Resources and Energy Ernesto Max Tonela said that the purpose of the meeting was to exchange views on the positive developments that have taken place and to set a date for the final investment decision, which will take place in Maputo next June.

“We anticipate that on that date all the information regarding the details of the project will be announced, as well as the schedule for the beginning of the implementation of the two liquefied natural gas production units construction process,” Minister Tonela said.

In turn, Mr Walker noted that the most important outcome was the decision to hold a meeting in mid-June and to announce the final investment decision for Rovuma Basin Area 1.

“This means that we already have the purchase and sale contracts, that there are already identified gas buyers, and it also means that the Mozambican government will make the ratification that indicates that the concessionaires individually and collectively will move forward with the project which involves, in the first phase, the construction of two natural gas liquefaction modules, which we think is very important for Mozambique, as it will bring well-being, progress and will transform the country,” the Anadarko chairman said.

Source: Presidência da República de Moçambique