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Monday, 25 March 2013

Japan eyes Mozambique gas

Anadarko Petroleum says it is in talks with potential Japanese customers to buy supplies from a Mozambican liquefied natural gas (LNG) plant it’s jointly planning with ENI. ENI is an Italian Oil and Gas major.

“We are advancing efforts with selective companies in Japan and we’re hopeful that the policy uncertainty about nuclear power and United States’ exports does not cause them to miss out,” Steve Hoyle, vice-president of LNG marketing based in The Woodlands, Texas, told Bloomberg. “None of those things are going to be clarified anytime soon.”

The partners have commissioned a plant in Mozambique with a capacity of five-million tons a year.