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
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
