The National Petroleum Institute (INP) yesterday (30.05) launched an appeal to investors to resume hydrocarbon exploration projects in the Rovuma Basin, Cabo Delgado.  

The INP reports that there are now solid signs of a return to normality in the social and economic life of many districts of Cabo Delgado previously affected by the insurgency.

Speaking to economic managers and government officials, Esperança Maculuve, INP's Administrator for Institutional and Business Development, said that the resumption of normal life for the population indicates that the conditions are in place for gas projects to move forward, namely Mozambique LNG in Area 1 and Rovuma LNG in Area 4 of the Rovuma Basin, which are currently suspended.

According to an INP note published on its website, Maculuve encouraged TotalEnergies and MRV to resume their activities as soon as possible, given the considerable and consistent security improvements in Cabo Delgado.

At the Energy and Industry Conference (MEIS) in the city of Pemba, Maculuve highlighted the crucial role that the concessionaires in Areas 1 and 4 of the Rovuma Basin will play in the industrialization and development of the region. She also noted that the Coral South Project, under the leadership of Italian oil company ENI, has been in production since October 2022, demonstrating the significant potential of gas projects in the country. (The Country)