Mozambique Key Projects and Business Highlights 2014
Mozambique appears as one of the most promising country for natural gas exploration production and could become one of the largest exporter of liquefied natural gas (LNG) under the lead of companies such as Anadarko Petroleum Company (Anadarko) from USA, Eni from Italy, Mitsui E&P from Japan, China national Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal, BPRL and Emprecia Nacional de Hidrocarbonetos ENH from Mozambique.
Since Mozambique is not willing to depend exclusively from the natural gas exploration and production, it initiated projects on the downstream side with companies such as Royal Dutch Shell (Shell) from Europe and Sasol from South Africa to monetize locally the resources with projects such as Gas-To-Liquid.
Benchmarking Brazil and Nigeria, Mozambique is attentive to maximize the local added value.
In this perspective Mozambique is working on its new regulation regarding the local content to be considered by the companies to develop all the upstream, midstream and downstream projects,
This regulation generate intense discussion between the local authorities and the companies putting on hold final investment decisions in the meantime to know what shall be the final contractual obligations.
Anyway all the companies are taking this temporary period to explore all the scenario to explore these giant and unexpected resources in the optimized way combining onshore LNG train and floating LNG solutions.
Gas-To-Liquid projects to queue behind LNG Plants
The Royal Dutch Shell (Shell) on one side and the tandem Sasol–Eni on another side signed these last weeks agreement with the national oil company (NOC) Empresa Nacional de Hidrocarbonetos (ENH) to start feasibility studies on Gas-To-liquid (GTL) projects in Mozambique. During the last two years Mozambique emerged as one of the potential key players of the natural gas market with the discoveries performed in the Rovuma Basin, offshore Mozambique on the east of coast of Africa.
Eni strategy in good progress with Area-4 FLNG projects
The Italian national oil company (NOC) Eni is currently proceeding to the pre-qualification of the engineering companies and shipyards to be invited to bid (ITB) for the front end engineering and design (FEED) of the first floating liquefied natural gas (FLNG) vessel to be moored in the Area-4 in the Strait of Mozambique on the East Coast of Africa. Together with the Texas-based Anadarko Petroleum Corporation (Anadarko), Eni is leading the development of the huge reserves of gas discovered these last five years in the Rovuma Basin offshore Mozambique and Tanzania.
Eni considers own LNG Plant to secure 2018 shipment
The Italian national oil company Eni and its partners China National Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal and Mozambique Emprecia Nacional de Hidrocarbonetos (ENH) are evaluating alternative solutions to develop its Mozambique liquefied natural gas (LNG) project on fast track in order to load the first shipments in 2018.
Giant Onshore LNG project likely to be delayed
The Anadarko Petroleum Company (Anadarko) from USA and the national oil company (NOC) Eni from Italy are facing some delays in the implementation of the giant project for the liquefied natural gas (LNG) to be built at Afungi, in the northeastern province of Cabo Delgado in Mozambique. Although Anadarko and Eni have different interests in Mozambique, since Anadarko is operating the Area-1while Eni is leading the Area-4 of the Rovuma Basin.
