LNG

Air Products, the leader in supplying US liquefied natural gas technology and equipment to the world, has successfully passed the processing capacity test for the floating LNG plant offshore Mozambique that turned the southeast African nation into an energy exporter.

Portuguese oil and gas company Galp Energia swung to a second-quarter net profit of €726 million ($741M) from a previous quarterly loss as it reported progress in the development of the Mozambique floating LNG project in southeast Africa.

French energy major Total said it paid $3.9 billion to close the acquisition of Anadarko Petroleum’s 26.5 percent operated interest in the Mozambique LNG project from Anadarko purchaser Occidental Petroleum.