The Mozambican state could lose more than 2.3 billion dollars over 25 years - 92 million dollars a year - in a new gas contract that ENI is forcing it to sign. According to the Center for Public Integrity (CIP), the multinational is pressuring Mozambique to sign a contract...
The Centre for Public Integrity (CIP), a Mozambican non-governmental organization (NGO) believes that the management of the Mozambique Sovereign Fund (FSM) is not transparent and that the government's reports lack information. According to a CIP report on the subject, the Sovereign Fund is far from being a transparent institution in the management of...
TotalEnergies will support the construction of an LNG terminal in Mozambique to increase natural gas imports. French oil company TotalEnergies hopes to approve the construction of a liquefied natural gas import terminal in Mozambique by 2025 to help consumers in neighboring South Africa avoid a potential supply crisis. The first...
Last week, US oil company ExxonMobil announced an agreement with Chart Industries to supply IPSMR liquefaction technology for the Rovuma LNG project, in the Rovuma basin in northern Mozambique, the Gas World portal announced. This is a technology that provides significantly better efficiency and performance compared to...
Almost 80% of the 14 billion dollars needed for the liquefied natural gas megaproject in the province of Cabo Delegado has already been secured. The information was provided by the chairman of TotalEnergies, Patrick Pouyanné, quoted by the international press. Patrick Pouyanné, who is due to visit Maputo later this month, recognizes progress on the ground in...
The idea of Mozambique becoming a "major player" in the national energy market is being peddled all over the world, thanks to the "recent discoveries" of natural gas reserves all over the country. It is also said that the deposits, as well as containing large quantities, are also of high quality, capable of producing relatively minor effects...
French oil company TotalEnergies is awaiting the outcome of the current electoral cycle in the country to resume the Liquefied Natural Gas (LNG) project that has been suspended for four years in Afungi, Palma, Cabo Delgado province, due to insecurity. An AIM publication states that the information was shared a few days ago in Nova...
French oil company TotalEnergies TTEF.PA said on Thursday (26) that it was unaware of the torture and murder of civilians that allegedly took place in 2021 at the site of its future LNG plant in Mozambique, in response to a press report. A Reuters publication, quoting the American online newspaper "Político" said in a report published on Thursday that...
A terrorist attack on March 24, 2021 in the town of Palma, in the province of Cabo Delgado, forced the French multinational TotalEnergies on March 26, 2021 to declare "Force Majeure", withdraw all its personnel and suspend the progress of activities for the exploration of liquefied natural gas in Area 4...
Indonesian petrochemical company BUZI Hydrocarbonet, which is currently exploring for hydrocarbons in the Búzi block in Sofala province, central Mozambique, is interested in expanding its natural gas exploration and exploitation operations. In a publication in the newspaper Notícias, Rudêncio Morais, director of Research and Production at Empresa Nacional de Hidrocarbonetos (ENH, EP), revealed...