1

LNG PRODUCER CONSUMER CONFERENCE 2017

PRODUCER CONSUMER COOPERATION TOWARDS DEVELOPING LNG MARKET IN ASIA 

‐ GOVERNMENT PERSPECTIVES 

LETÍCIA DEUSINA DA SILVA KLEMENSMINISTER OF MINERAL RESOURCES AND ENERGY

THE REPUBLIC OF MOZAMBIQUE18 October 2017

Tokyo

A New Global Source of Energy Security

2

Geographical• East Africa – access to markets• Close to shore – ~40 km• Water depth – 300 m to 1900 m• Afungi Peninsula – conducive

location for LNG facilities

Geological• One of the largest gas

discoveries globally in past 20 years

• Multiple reservoirs• High-quality reservoir rock• 100+Tcf recoverable gas

resource

Ability to Expand

MOZAMBIQUEMOZAMBIQUE

The geographic location of the resources provides flexibility for Mozambique LNG to pursue customers in various markets around the globe, particularly in growing Asian markets.

Strategic Rationale for Mozambique LNG

3

www.mzlng.com

Real opportunity exists to diversify supply sourcesSource: IHS, APC

Existing Producers’ Capacity

FUTURE DEMAND GROWTH

USA256+ MTPA

Nigeria9+

MTPA

Eq. Guinea 2.5

MTPA

Canada138+ MTPA

Mauritania2.5

MTPA

Congo

1.2MTPA

Mozambique50+

MTPA

Tanzania

10MTPA

Iran10

MTPA

Egypt

?MTPA

Qatar23

MTPA

Russia37+

MTPA

Indonesia7+

MTPA

MTPA

PNG

7+ MTPA

Australia10+

MTPAEmerging Producers’ Capacity

Who Could Fill This Demand Gap?

4

Why Mozambique LNG? Massive Resource Base – 100+ Tcf Expandable to minimum 8 – 10 Trains – 50+

MTPA Opening up of New LNG Supply Basin for 21st

Century Enhancing Global Energy Security through

Diversification Centrally located to support Atlantic Basin / Pacific

Basin Trade Competitive and Flexible Terms Partner Commitment backed by Host Government

Support5