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Mozambique Overview

Mozambique

in figures

Gas reserves5.1 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.

Local manufacturing for Nigeria’s oil services Kayode THOMAS
Interview
Nigeria - March 29, 2022

Dr. Kayode Thomas, CEO of Bell Oil & Gas, talks to The Energy Year about the advantages of composite pipes over conventional…

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The time is now for Mozambican LNG Nuno MANSILHA (1)
Interview
Mozambique - January 18, 2022

The year is off to a great start for the Mozambican LNG projects as the Coral-Sul FLNG vessel to be used in Area 4 of the Rovuma…

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Charles ADDO CEO MERIDIAN GROUP OF COMPANIES
Interview
Ghana - November 24, 2021

Meridian Group of Companies CEO Charles Addo, COO William Mould and CEO of the Energy Division Muhammad Zaman talk to The Energy…

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AFC financing infrastructure in Africa Osam IYAHEN
Interview
Nigeria - November 15, 2021

Osam Iyahen, director of natural resources investments for the Africa Finance Corporation (AFC), talks to The Energy Year about…

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Mozambique maps

Mozambique concession areas and operators 2019

    ALL MAPS
    Alberto MENDES Co-President GRUPO SIMPLES
    Interview
    Angola - September 28, 2021

    Alberto Mendes, co-president of Grupo Simples, talks to The Energy Year about the future of Angola’s oil and gas industry and…

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    Interview
    Ghana - September 21, 2021

    Joseph Amuzu, CEO of Zodiac Marine Services, talks to The Energy Year about the company’s activities and plans for capacity…

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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 growth in the domestic oil and gas…

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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 Dhabi’s new upstream expansion projects and…

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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 the latest on the company’s strategy…

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    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 and the company’s efforts to expand.…

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