#Mozambique

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

ADNOC’s first investment in Mozambique complements its efforts to expand its lower-carbon LNG portfolio to meet growing gas demand and support the transition to cleaner fuel sources

LNG expansion plans to squeeze out competitors

Qatar’s new LNG expansion plans to squeeze out competitors

The Gulf state plans an 85 per cent expansion in LNG output from its North Field’s current 77 million metric tons per year to 142 mtpa by 2030