US group Anadarko Petroleum finds more natural gas in Mozambique

29 November 2011

Houston, United States, 29 Nov – US oil group Anadarko Petroleum Monday in Houston announced it had found more natural gas in Mozambique, increasing the reserves already discovered in the Rovuma basin.

In a statement issued on its website, the group also announced that the block where it was prospecting for hydrocarbons had between 15 and 30 trillion cubic feet of recoverable natural gas.

Last October the group announced there were natural gas reserves of around 10 trillion cubic feet (238. 168 billion cubic metres) in its Camarão test well drilled in the Rovuma basin.

This large gas discovery follows another one, this time by Italian group ENI in October, which could mean that Mozambique may become one of the world’s large natural gas producers over the next few decades.

Anadarko is the operator of the block in the Rovuma basin with a 36.5 percent stake, with the remainder in the hands of Mozambique’s ENH (15 percent), Japan’s Mitsui E&P Mozambique Area 1, Ltd (20 percent), BPRL Ventures Mozambique (10 percent), Videocon Mozambique Rovuma 1 (10 percent) both from India and UK company Cove Energy Mozambique Rovuma Offshore (8.5 percent). (macauhub)