Since the first of their multiple discoveries in the prolific Rovuma Basin in 2010, the gas industry has been keenly watching how Anadarko, in its first venture into LNG, would successfully develop its enormous resource position. With approximately 75 Tcf of gas, and a geographic location that will allow it to target both the Atlantic and Pacific basins, Mozambique LNG has the potential to become one of the globe’s largest LNG projects and propel Mozambique into being one of the world’s top LNG suppliers in the coming decade.
On 28 April, Anadarko said it had ‘in principle’ enough customers to proceed with taking a final investment decision (FID) on the initial two-train, 12.88 mtpa Mozambique LNG project at some point after the end of this year. But the journey has not been easy – collapsing oil prices, the challenges of delivering a mega-project in a developing country, and above all the intense competition from other potential sources, notably the US, have not made it a smooth ride for Mozambique LNG.
In this exclusive interview, Andrew Seck, Anadarko vice president, LNG marketing & shipping, explains how flexibility and innovation in contracting will help Mozambique LNG earn the right to take FID.