Article length: 392 words
Mozambique: Anadarko signs new SPA
Anadarko Petroleum Corporation and its partners have signed another gas sales agreement as they prepare for a final investment decision on 18 June. Anadarko announced on 13 May that Mozambique LNG1 Company, the Mozambique Area 1 co-venturers’ sales entity, had signed a sale and purchase agreement (SPA) with Japan’s Jera and Taiwan’s CPC Corporation for delivery of 1.6m t/yr of LNG for 17 years. The latest SPA brings total long-term agreements to 11.1m t/yr, of the development’s total nameplate capacity of 12.88 m t/yr from two initial trains.
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