Anadarko Petroleum Corporation (APC)

[Timothy Smith]

Mozambique names deputy trade minister Omar Mitha as new chairman of the state oil company, months before decisions are due on projects that could make the country the world’s third-biggest liquefied natural gas exporter.

Anadarko Petroleum (NYSE:APC), which has said it targets a final decision on whether to develop a project in the country before year-end, estimates it has 100T cf of gas in its offshore concession.