Mozambique has evidence that points to the existence of reserves with oil potential, the Administrator of the Projects and Development Area of the National Petroleum Institute (INP), José Branquinho, said today. This potential can be found both on the coast and in some of the country's inland areas. He pointed to the coast of the Rovuma Basin, in the province of...
Sub-Saharan Africa offers an investment opportunity of 193 billion dollars in renewable energy and transmission by 2031, reveals a study quoted by Bloomberg. Utility-scale wind, solar, storage and transmission projects in several African countries could produce an internal rate of return of 15%...
The eight million square kilometer Maniamba Basin in Niassa province could be a major source of natural gas, according to Moçambique Bio, which cites a study published in the South African Journal of Geology. "The layers of rocks from the Permian to the Triassic in the basin contain mature organic material capable of producing gas...
Mozambique has potential gas reserves capable of generating revenues of around 100 billion dollars during its life cycle, according to a report by Deloitte, consulted today by MZNews. "Gas is expected to bring in around 100 billion dollars in revenue for Mozambique during its life cycle,"...