>>> Mozambique's ENH seeks to boost its stakes in Rovuma gas fields operated by

Mozambique's ENH seeks to boost its stakes in Rovuma gas fields operated by Eni and Anadarko

Mozambique's ENH national hydrocarbons company wants to increase its stakes in offshore gas fields operated by Eni and Anadarko, reported Club of Mozambique. The news service cited ENH projects director Paulino Gergorio as saying the state group is examining ways to boost its holdings in the respective Rovuma basin holdings.

Mozambique plans to build four liquefied natural gas LNG trains with a combined 20 million tonnes capacity by 2018 in a project valued at up to USD 20bn. Several banks have contacted ENH over financing of its stake in this project, said Gregorio without naming these potential lenders.

Source Club of Mozambique