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Spurred by the energy crisis, global LNG investments will now peak at $42 billion in 2024, a 50% jump from current spending hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new LNG infrastructure are set to surge, reaching US$42 billion annually in 2024. ....
Mozambique LNG Park, Cabo Delgaro Province Share LocationCabo Delgaro, Mozambique Joint DeveloperAnadarko Petroleum and Eni ContractorsKBR, Chicago Bridge & Iron Company (CB&I), Chiyoda Corporation, and Saipem Expand Mozambique Liquefied Natural Gas (LNG) Park is proposed to be constructed in the Afungi peninsula area in Cabo Delgaro Province, Northern Mozambique, constituting the onshore element of the larger Mozambique Gas Development Project. The first LNG sale from the project is scheduled for 2018. The proposed LNG park will process natural gas sourced from Anadarko’s Offshore Area 1and Eni’s Area 4 located in the deepwater Rovuma Basin. Anadarko and Eni signed a Heads of Agreement (HoA) in 2012 for joint development of the LNG park, while pursuing their offshore development activities separately. ....