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Vol 53 N0 25

Published 14th December 2012


Mozambique

Rift risk over gas laws

Negotiations over the planned gas plant could put Anadarko and ENI on a collision course with government

Preparations are now well under way for a liquefied natural gas plant to handle Mozambique’s massive offshore gas deposits. The Instituto Nacional de Petróleo has proposed a bill to modify the Petroleum Law of 2001. The draft law respects existing contracts and is intended to govern regulations for the new LNG plant, as well as the issuing of new exploration and production licences. There is no date yet for a new round of bidding but it will probably take place in the middle of next year. The LNG plant, which is to be built at Palluna, could have as many as ten trains.

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