The country expects to collect more than 4 billion Meticais in revenue from the exploitation of liquefied natural gas from the Coral-Sul project in the Rovuma Basin. The figures are contained in the Economic and Social Plan and State Budget for 2024. The government document indicates that 310.488,2 million Meticais, from tax revenues,...
Tag: South Choral Project
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Government accused of managing gas revenues without transparency
The Centre for Public Integrity (CIP), a non-governmental organization (NGO), accuses the government of communicating with reservations about the details of gas revenues from the Coral Sul project. "Sharing information with Mozambicans, the legitimate owners of natural resources according to the Constitution of the Republic, should be a priority for the government in order to promote transparency,"...
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More than 100 Mozambicans work on the Coral Sul project
The floating platform for the production of Liquefied Natural Gas (FLNG), in the Rovuma Basin, employs more than 100 Mozambicans, the general manager of the project, Giorgio Vicini, said on Monday (09.05). The enterprise is located about 30 kilometers from the district of Palma, in the province of Cabo Delgado. Giorgio Vicini, who was speaking in Maputo during...
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Galp says Coral Sul project "will put Mozambique on the map for liquefied natural gas
Galp's CEO considered today that the Coral Sul project in Mozambique will put that country "on the map of liquefied natural gas, as an important global supplier," complementing the US and Qatar. "[The] Coral Sul project will put Mozambique on the LNG [liquefied natural gas] map as an important world supplier. O...
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Eni: floating LNG platform already has the go-ahead for Mozambique
The President of the Republic, Filipe Nyusi, and his South Korean counterpart Moon Jae-in, participated in the christening of the South Coral Floating Platform bound for Mozambique, today, at the Samsung Heavy Industries Co. shipyard, in the port city of Geoje, on the southern coast of South Korea. The newly christened 432-meter long offshore floating infrastructure,...