The Prime Minister of South Korea, Han Duck-soo, will visit Mozambique on Wednesday 30th to promote his country's bid to organize Expo 2030, a universal exhibition, the Prime Minister's office announced. During the visit, the South Korean Prime Minister will meet with the authorities to discuss the expansion of bilateral cooperation. On Thursday, Han will...
The exploration of Liquefied Natural Gas (LNG), in the Rovuma Basin, in Cabo Delgado province, may positively impact the annual growth rate of the national Gross Domestic Product (GDP) to an average of more than six percent from 2023, said today in Maputo, the President of the Republic (PR). "Between 2023 and 2025, it is expected...
The President of the Republic (PR), Filipe Nyusi, asked investors today in Maputo to consider resuming the construction of infrastructure works for the exploration of Liquefied Natural Gas (LNG) in the province of Cabo Delgado. "We consider it pertinent that the possibilities of resuming the developments of onshore construction works for the...
The National Hydrocarbons Company (ENH) said it is in contact with Italian companies interested in investing in a second platform for the exploration of Liquefied Natural Gas (LNG) in the Rovuma basin, in Cabo Delgado. The President of the Board of Directors of ENH gave this assurance last Friday, in Bilene, Gaza, on the margins of the...
French oil company TotalEnergies is pressuring the Mozambican government to create security conditions in Cabo Delgado in order to resume the exploration activities of Liquefied Natural Gas (LNG) in the Rovuma Basin, according to the President of the Republic. Filipe Nyusi revealed, this Thursday in Maputo, that he has been holding talks with the president of the...
The French oil company TotalEnergies may resume the exploration operations of Liquefied Natural Gas (LNG) in the Rovuma Basin, in Cabo Delgado province, as soon as the conditions are created, promised today the Minister of Mineral Resources and Energy. The Government and TotalEnergies are constantly holding technical meetings to evaluate the situation in the province to assess...
The world has its eyes on the gas that Mozambique will extract from its basins in the Cabo Delgado province, and this is increasingly evident thanks to the armed conflict between Russia and Ukraine. Clearly, Mozambique is intent on doing business, and in this sense, the Commercial Executive Manager of the National...
Natural gas from Cabo Delgado, in northern Mozambique, is on the European Union's map as an alternative energy source to deal with the constraints arising from the armed conflict in the east of the continent, which began on 24 February. "Mozambique's gas, with the presence of large European multinational companies, now has a value even...
The Tanzanian government on Saturday signed an agreement with multinationals Equinor (Norwegian) and Shell (British) to build a $30 billion Liquefied Natural Gas (LNG) export project. The Final Investment Decision (DFI) is expected to be announced in 2025, with first operations expected to start between...
The formalization of a "Sovereign Wealth Fund" valued at $96 billion in Liquefied Natural Gas (LNG) exploration revenues could be completed by the end of this year, according to Economy and Finance Minister Max Tonela. The authorities are in the process of finalizing the draft legislation that will govern the...