Anadarko to make FID on Mozambique LNG project

Anadarko Petroleum, the U.S. independent energy group in the midst of a takeover battle, said it was ready to take a final investment decision on its liquefied natural gas project in Mozambique on June 18.

“With commitments for financing in place, off-take secured, and all other issues under negotiation successfully addressed, we are excited to take the next step with the expected announcement of a Final Investment Decision (FID) for the Mozambique LNG project on June 18,” Chief Executive Al Walker said.

(Reporting by Sabina Zawadzki)

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