<p>The huge natural gas discovery in a Mozambique block where Bharat Petroleum Corporation ( BPCL) and Videocon Industries are partners, will be turned into LNG at a plant to be jointly built with neighbouring gas field operator Eni SpA of Italy.<br /><br /></p>.<p>Anadarko Petroleum Corp, the operator of Offshore Area 1 where BPCL and Videocon hold 10 per cent each, and Eni will join forces to build a single liquefaction plant that will turn gas in the two fields into liquid so that it can be exports in cryogenic ships.<br />The plant in the Cabo Delgado province in northern Mozambique, is scheduled to start operating in 2018 with a capacity of 20 million tonnes of liquefied natural gas (LNG) per year, Anadarko said in a press statement.<br /><br />The capacity will be split evenly between the Anadarko-led project and Eni's development of Offshore Area 4.<br /><br />The two companies will conduct separate yet coordinated offshore activities.<br /><br />The LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.<br /><br />Anadarko said Heads of Agreement (HOA) have been signed with Eni "establishing foundational principles for the coordinated development of the common natural gas reservoirs spanning both Mozambique's Offshore Area 1 (operated by Anadarko) and Offshore Area 4 [operated by Eni]".</p>
<p>The huge natural gas discovery in a Mozambique block where Bharat Petroleum Corporation ( BPCL) and Videocon Industries are partners, will be turned into LNG at a plant to be jointly built with neighbouring gas field operator Eni SpA of Italy.<br /><br /></p>.<p>Anadarko Petroleum Corp, the operator of Offshore Area 1 where BPCL and Videocon hold 10 per cent each, and Eni will join forces to build a single liquefaction plant that will turn gas in the two fields into liquid so that it can be exports in cryogenic ships.<br />The plant in the Cabo Delgado province in northern Mozambique, is scheduled to start operating in 2018 with a capacity of 20 million tonnes of liquefied natural gas (LNG) per year, Anadarko said in a press statement.<br /><br />The capacity will be split evenly between the Anadarko-led project and Eni's development of Offshore Area 4.<br /><br />The two companies will conduct separate yet coordinated offshore activities.<br /><br />The LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.<br /><br />Anadarko said Heads of Agreement (HOA) have been signed with Eni "establishing foundational principles for the coordinated development of the common natural gas reservoirs spanning both Mozambique's Offshore Area 1 (operated by Anadarko) and Offshore Area 4 [operated by Eni]".</p>