Mozambique LNG in off-take agreement

HOUSTON, February 21, 2018 – The JV partners in the Mozambique Area 1 LNG project have struck a long-term sale and purchase agreement with Électricité de France (EDF), partner Anadarko Petroleum announced on Tuesday.

They will supply the French electricity giant with 1.2 million tonnes per year of LNG over a period of 15 years, the press release added. The price of the deliveries was not specified.

“EDF is one of the world’s largest electric utilities, and reaching this [deal] continues to validate Mozambique LNG’s position as a competitive long-term LNG supplier and as one of the world’s leading greenfield projects,” said Mitch Ingram, Anadarko’s executive vice-president for international and deepwater operations and project management.

“Mozambique LNG is unique in its ability to supply LNG to a variety of geographic locations to serve its customers, and this SPA gives us flexible access to Europe, which is one of our key strategic markets.”

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