Since 2010, Anadarko and its partners have drilled more than 20 deepwater wells within the Offshore Area 1 Block discovering an estimated 45 to 70 trillion cubic feet (Tcf) of recoverable natural gas. Additionally, Anadarko and its partners are now advancing a commercial liquefied natural gas (LNG) development onshore, with first cargoes planned in 2018.
These massive natural gas discoveries and future world-class LNG project represent a transformational opportunity for Mozambique to become a major exporter of LNG. This activity has the potential to generate substantial revenues for the government, long-term foreign investment, infrastructure and other social improvements, as well as direct and induced employment opportunities.
Sixth- and seventh-grade students at Escola Unidade and Escola Primária 16 de Junho in Palma Village, Mozambique voted to determine the name of Anadarko’s discovery area in Offshore Area 1 of the Rovuma Basin. The name selected, “Prosperidade,” means prosperity – an appropriate name, as this natural gas field represents tremendous opportunities for the people of Mozambique and the partnership.