Millions of British homes could soon be warmed by gas from Mozambique after the owner of British Gas clinched a $25bn (£19bn) deal to ship gas from a new project on the East African coast. Centrica agreed to tap Mozambique’s giant gas reserves alongside Japan’s Tokyo Gas in a $25bn supply deal that will deliver gas to the UK, North America and the Far East. The pair will buy a total of 2.6m tonnes of super-cooled liquified natural gas (LNG) from Mozambique every year once US energy giant Anadarko begins production at Mozambique’s first gas export project. Iain Conn, Centrica’s chief executive, said the Mozambique deal would help it secure a flexible LNG supply.
Telegraph 5th Feb 2019 read more »
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