Anadarko approves $20 billion LNG export project in Mozambique

U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion (£15.9 billion) gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa.

The project is also expected to be transformational for Mozambique, one of the poorest nations on earth beset by economic crisis, conflict stemming from a civil war and serious governance malaise, whose annual gross domestic product is just $13 billion ….

Join Our Newsletter!