Japan, Mozambique to Discuss LNG Development in the East African Nation

Japan and Mozambique will launch “high level” talks in summer focusing on LNG developments in the East African nation, reports Platts.

The agreement was reached during a meeting between METI's Director of Petroleum and Gas Division Ryo Minami and Mozambique's Deputy Minister of Mineral Resources Abdul Razak Noormahomed on Sunday on the sidelines of Japanese Prime Minister Shinzo Abe's visit, Platts reports quoting Minami.

According to Platts, many Japanese utilities are in talks to buy LNG Anadarko-led block known as Area 1 in Mozambique.

Mozambique has witnessed many natural gas discoveries in last few years.  Eni and Anadarko currently have right to export LNG and both these firms are in discussions with the government about developing an LNG plant.

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