Gulf Oil and Gas accountACCOUNT

Gazprom Eyes Eni's Mozambique Gas Assets

Source: Reuters 3/19/2013, Location: Africa

Russia's state gas monopoly Gazprom is interested in acquiring gas assets of Italy's Eni in Mozambique, Gazprom's spokesman Sergei Kupriyanov told Reuters.

"We are interested in (Eni's gas assets) in Mozambique," he said without elaborating.

Eni has already agreed to sell a 20 percent stake in its Mozambique offshore project to Chinese oil company CNPC. The Italian company still has 50 percent of its biggest ever gas discovery, and Chief Executive Paolo Scaroni said the company may yet sell more.

The other shareholders in Eni's Area 4 prospect are state firm Empresa Nacional de Hidrocarbonetos de Mocambique, South Korea's Kogas and Portugal's Galp Energia, each with a 10 percent stake.

The project is slated for liquefied natural gas (LNG) production and fits into Russia's strategy to expand its presence in the global LNG market.

For now, Russia has only one active natural gas liquefaction plant, operated by Gazprom, Royal Dutch Shell and Mitsui at Sakhalin-2, producing around 10 million tonnes of LNG annually.

For more information about related Opportunities and Key Players visit East Africa Projects

Acquisitions and Divestitures News in Mozambique >>

Gabon >>  3/19/2019 - BW Energy Gabon SA (BWE), a subsidiary of BW Offshore and the operator of the Dussafu license, has entered into an agreement with Gabon Oil Comp...
United Arab Emirates >>  3/17/2019 - The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japanís INPEX CORPORA...

Sao Tome and Principe >>  3/14/2019 - Nigeria, Sao Tome and Principe and Total SA signed an oil production sharing contract on Thursday, according to a joint statement. ...
Ecuador >>  3/13/2019 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia...

Morocco >>  3/13/2019 - Qatar Petroleum entered into an agreement with Eni to acquire a 30% participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 n...
Benin >>  3/11/2019 - United Oil & Gas Plc, the oil and gas exploration and development company, is pleased to announce that it has signed an option agreement with Elephant...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Mozambique Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Mozambique >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.