Isn't the Gas Price at LNG Terminals in Mozambique going to be the determining factor for Gas "Market Price" in Zimbabwe ?
Mozambique currently exports LNG through the 3.4mn t/yr Coral Sul floating liquefaction unit.
Other planned projects in the country include ExxonMobil's 18.1mn t/yr Rovuma LNG terminal, and the Coral Norte 3.4mn t/yr floating liquefaction terminal.
Current Mozambique LNG offtakers December 2023
mn t/yr
Offtaker
Term (yr)
Volume
Offtake deals
CNOOC
13.0
1.5
Shell
13.0
2.0
Tokyo Gas, Centrica*
20.0
2.6
BPCL
15.0
1.0
EDF
15.0
1.2
Tohoku Electric
15.0
0.3
Jera, CPC
17.0
1.6
Total
10.2
IVZ Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
