The minister for mineral resources of Mozambique, Esperanca Bias, is optimistic that first the LNG shipments to India will begin in 2019.
Bias discussed pricing and demand with M. Veerappa Moily, India’s petroleum and natural gas minister earlier this week.
The Indian ministerial delegation has been invited to a formal signing of a MOU between the two countries.
ONGC said India has a committed demand of 8 trains of LNG from the African nation.
Moily urged the Mozambique minister to “expedite” consortium-related issues and “fast-track” development of discovered assets offshore Mozambique in deepwater Rovuma basin.
According to ONGC, various Indian firms hold 30% of the Anadarko Petroleum operated project in Mozambique.
Mozambique also asked India for assistance in training of skilled labor.
“We are starting just now and our people need training from Indian companies who have been there for a long time,” Bias said.