• 4 minute Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 8 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 15 minutes Oil and Trade War
  • 4 hours Could oil demand collapse rapidly? Yup, sure could.
  • 9 hours Are EVs Safer Than Combustion Engine Vehicles?
  • 5 hours What If Canada Had Wind and Not Oilsands?
  • 11 mins U.S. Withdraws From U.N. Human Rights Council
  • 7 hours Russia, Saudi Push For Big Hike In Oil Output Despite Iran Opposition
  • 8 hours Oil prices going down
  • 12 hours Sell out now or hold on?
  • 13 hours Nopec Sherman act legislation
  • 14 hours Trump Hits China With Tariffs On $50 Billion Of Goods
  • 12 hours Migrants: Italy Wants EU Border Agency In Africa, Not At Sea
  • 7 hours Australia mulls LNG import
  • 47 mins Lloyd's of London excludes coal
  • 49 mins EVs Could Help Coal Demand
  • 7 hours Oil and Trade War
  • 7 hours Gazprom Exports to EU Hit Record
  • 8 hours WE Solutions plans to print cars
Alt Text

Why LNG Prices Are Poised To Soar

Global liquefied natural gas prices…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Gas Investor Alert: Trouble in Mozambique

Bottom Line: Investors should be on the alert over the increasing momentum of a militant insurgency that could threaten coal and gas investments in Mozambique.

Analysis:  At a time when the gas game is heating up in Mozambique, and key players like Anadarko, Eni and Sasol are raising the stakes in a massive planned offshore gas project, the militant wing of RENAMO (which is an official opposition party) is gaining momentum. Clashes are erupting with greater frequency between Mozambique’s ruling party and former civil war opponents organized under the grouping of RENAMO. A shaky peace agreement has been in place since 1992 between the two sides, but RENAMO officially renounced the agreement on 21 October in response to a security force raid on its headquarters in Sathunjira. Tensions between Renamo and the Frelimo-led government started escalating last year, after the group's leader Dhlakama set up camp in the Gorongosa mountains to retrain former guerrilla fighters.

Over the past year, attacks by RENAMO have been sporadic, but the past two weeks have seen a turn for the worse. The worsening security situation comes as Anadarko negotiates with potential buyers for its offshore gas project and plans to ship its first LNG from Mozambique by 2018. By the end of the year, Anadarko will have invested some $3 billion in developing its discoveries offshore Mozambique. Anadarko will have four liquefaction plants or trains to start with, and is eyeing the construction…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News