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AICEP
Agência para o Investimento e Comércio Externo de Portugal

CABEÇALHO

French group Total intends to increase the production of liquefied natural gas in the Area 1 block of the Rovuma basin, northern Mozambique, with the installation of two additional liquefaction modules, an official said in Cape Town, South Africa.

Mike Sangster, CEO of Total E&P Nigeria Limited, quoted by Reuters, said the group had begun examining the installation of those two modules, “as there are enough resources to justify a decision to do so.”

 

Total recently completed the acquisition of the Anadarko Petroleum Corporation group’s 26.5% stake in that block for US$3.9 billion as part of the acquisition of group’s African assets, acquired in the meantime by the Occidental Petroleum Corporation.

 

The initial project involved the installation of two natural gas liquefaction modules with a production capacity of 12.9 million tonnes per year.

 

The block in question is operated by the Total group, with 26.5%, and its partners are ENH Rovuma Area A, a subsidiary of Mozambican state oil group ENH with 15%, Mitsui E&P Mozambique Area1 Ltd. ( (20%), ONGC Videsh Ltd. (10%), Beas Rovuma Energy Mozambique Limited (10%), BPRL Ventures Mozambique B.V. (10%), and PTTEP Mozambique Area 1 Limited (8.5%).

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