A natural gas master plan was presented in Mozambique this week that envisages revenues of $5.2 billion per year for the east African nation by the second half of the next decade.
The plan also talks of existing reserves of 100 trillion cubic feet that are likely to climb to 150 Tcf as more drilling takes place.
While encouraging domestic industry and power generation is a key part of the strategy, there is a recognition in the capital Maputo of the large role LNG will play.
US-based Anadarko remains confident it is in the driving seat to operate the country’s first LNG production plant.
Chief executive Al Walker reiterated the company is likely to be able to feed the first two liquefaction trains...
