The Government, through the Council of Ministers, approved today, Tuesday (23), in another ordinary session, the Decree approving the Terms of the Oil Exploration and Production Concession Contract for the Angoche A6-C Offshore Area, to ENI Mozambico SpA. and Empresa Nacional de Hidrocarbonetos, E.P. (ENH, E.P.), as Concessionaires.

According to the Council of Ministers, the Concession grants the concessionaire the exclusive right to conduct petroleum operations, with a view to producing oil, from the resources originating from one or more oil deposits, in the subsoil, within the limits of the Concession Contract area.

The same document also grants the non-exclusive right to build and operate infrastructures for the production and transportation of oil produced from oil deposits in the subsoil, within the limits of the area of the Concession Contract, unless access to an existing oil or gas pipeline system or other infrastructures is available under reasonable commercial terms and conditions.

(Photo DR)