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Mozambique Overview

Mozambique

in figures

Gas Reserves2.83 tcm

Gas Production6 bcm

Mozambique: Emerging Gas Market

Recent offshore discoveries have rapidly changed the fortune of Mozambique. Once a hydrocarbons backwater, the country now has the potential to become one of the world’s largest LNG exporters. In order to achieve this goal, reforms need to be made, both to hydrocarbons legislation, as well as to transport and infrastructure. To improve geological understanding of the country’s resources, the National Petroleum Institute commissioned a 2D-seismic survey of up to 19,000 kilometres offshore. Spectrum began collecting data, which will be used in future licensing rounds, in December 2017.

The industry continues to draw massive interest from IOCs, each ready to tackle the bottlenecks standing in the way of vast hydrocarbons wealth. Sasol expects to produce first oil in the country in 2020. Recent E&P activities in Areas 1 and 4 in the Rovuma Basin are particularly important.

The Coral discovery, located 240 kilometres northeast of Pemba in the Rovuma Basin Area 4, is operated by Eni East Africa, which plans to construct a floating LNG vessel on the site by 2021. In late 2017, Eni secured about USD 4.68 billion of loans for the project. The FID for Mozambique LNG, set to process natural gas from the Rovuma Basin Area 1 in Cabo Delgado, was reached in June 2019.

Tiago FERREIRA Country Manager TLC
Interview
Angola - September 08, 2021

Tiago Ferreira, country manager of TLC in Angola, talks to The Energy Year about future prospects in Angola’s oil and gas…

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Alan GLYN-CUTHBERT General Manager PETROWORK SOLUTION
Interview
Angola - August 23, 2021

Alan Glyn-Cuthbert, general manager of Petrowork Solution, talks to The Energy Year about how the Local Content Law can support…

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Mozambique books

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Interview
Abu Dhabi - June 23, 2021

Ali El Ali, managing director of Zakher Marine International (ZMI), talks to The Energy Year about the prospects for Abu…

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Ricardo DO AMARAL General Manager OCTOMAR
Interview
Angola - June 17, 2021

Ricardo Do Amaral, general manager of Octomar, talks to The Energy Year about the importance of developing a local workforce and…

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Mozambique concession areas and operators 2019

Mozambique maps

Mozambique concession areas and operators 2019

ALL MAPS
Nigeria Propetrol Harry EBOHON
Interview
Nigeria - May 20, 2021

Harry Ebohon, managing director and CEO of Propetrol, talks to The Energy Year about rising demand in the region for bunkering…

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Nigeria Zircon Seyi AJIBOLA.
Interview
Nigeria - February 15, 2021

Seyi Ajibola, CEO of Zircon Marine, talks to The Energy Year about recent advances and setbacks in the marine sector and coming…

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Interview
Mozambique - June 25, 2020

Jos Evens, general manager and chair of ExxonMobil Moçambique, talks to The Energy Year about the country’s role in the global LNG scene and why hydrocarbons will…

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NJ Ayuk
Interview
South Africa - August 11, 2020

NJ Ayuk, president of the Africa Energy Chamber (AEC) and CEO of Centurion Law Group, talks to The Energy Year about how the Covid-19 pandemic has impacted African…

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Conrad ENILL Chairman NGC GROUP OF COMPANIES
Interview
Trinidad and Tobago - October 05, 2020

Conrad Enill, chairman of the NGC Group of Companies, talks to The Energy Year about NGC’s role as an aggregator, opportunities arising for the company in Africa and…

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Ali Vezvaei
Interview
Abu Dhabi - September 23, 2020

Ali Vezvaei, vice-chairman of Ecolog International, talks to The Energy Year about areas of opportunity in the evolving global energy industry and the regions expected…

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