Mitsui & Co., Ltd. is pleased to announce that Mitsui and its joint venture partners in Mozambique's Rovuma Offshore Area 1 Block ("Area 1") awarded multiple Front-End Engineering and Design ("FEED") contracts for both onshore liquefied natural gas ("LNG") plant construction and offshore installation.

In 2008, Mitsui acquired a partial interest in Mozambique's Area 1, where a world-class gas field was discovered, and the awarding of FEEDs is within the scope of its development program as LNG.

The awarding of FEEDs marks a major milestone in advancing the development of the vast natural gas resources discovered in Area 1. Mitsui, as a joint venture partner of Area 1, will continue to support the effective promotion of the project and contribute to the energy security of Japan and other Asian countries through the stable supply of LNG from the project.
In addition, Anadarko Moçambique Area 1 Lda, the operator of this project, has reached Heads of Agreement ("HOA") with Eni S.p.A. the operator of the adjacent offshore Area 4 Block, establishing principles for the coordinated development of the common natural gas reservoirs spanning both Mozambique's Offshore Area 1 and Offshore Area 4. The HOA mentions that both operators will separately conduct offshore development activities, while they will jointly plan and construct common onshore liquefaction facilities in the form of an LNG park in the Cabo Delgado Province of Northern Mozambique.