TotalEnergies is committed to restarting the Liquefied Natural Gas project in the Rovuma basin in Cabo Delgado. This assurance was given by the chairman of the French oil company, Patrick Pouyanné, to the Mozambican head of state, Daniel Chapo. The meeting between the President of Mozambique and the chairman of TotalEnergies took place in the United Republic of Tanzania,...
The Mozambique Sovereign Fund (FSM), the state entity that will be responsible for managing revenues from natural gas from the Rovuma basin in Cabo Delgado province, is still inoperative. Created a year ago by Law No. 1/2024, of January 9, the Sovereign Fund is still in a "water bath" due to the lack of...
The Mozambican Oil Importer (IMOPETRO) has launched an international tender to find a new fuel supplier for the country from next April. The quantities planned for import should ensure the availability of gasoline, diesel and JET for a period of six months. An IMOPETRO source quoted by Notícias said that there is...
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...