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Mozambique's Energy Industry

Mozambique

in figures

Gas reserves5.1 tcm

Gas production6 bcm

Mozambique: Emerging Gas Market

Mozambique’s oil and gas industry has greatly grown in significance with the discovery of major offshore gas plays beginning in 2010. Continued finds and investment have fast tracked the nation towards its potential of being the third-largest global LNG supplier, with operators TotalEnergies, Eni and ExxonMobil leading the charge through massive development of upstream and associated facilities. Mozambique traditionally only produced gas from its onshore plays operated by South Africa’s Sasol. The country produces no oil and is reliant on imports.

The African nation has worked hard to streamline policies and break down bottlenecks in meeting its immense capacity potential. However, security issues and economic factors have largely held back massive development, with many projects put on hold. Government involvement in hydrocarbons operations is done through local NOC Empresa Nacional de Hidrocarbonetos, which is a necessary stakeholder in all oil and gas operations. Upstream E&P concessions are handed out and overseen by state-body National Petroleum Institute, which has been active in carrying out seismic studies to expand the country’s investment potential.

“LNG offers a huge economic, but arguably more importantly a development opportunity, for Mozambique. The Rovuma Basin alone has the capacity to boost Mozambican GDP by up to USD 18 billion per annum.” Managing Associate Nuno Manshilha and Trainee Lawyer Miguel Couto at CMS Portugal told The Energy Year.

“The projects offer the potential to create over 300,000 employment opportunities alone, and in order to meet the mega-project’s needs, Mozambique will have to improve their water, road and electricity infrastructures, adding to the development benefits of these types of projects.”

CNOOC signs E&P contracts for Mozambican blocks
NEWS
Mozambique - May 24, 2024

CNOOC has signed E&P contracts for five offshore blocks in Mozambique.

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ADNOC buys Galp’s 10% stake in Mozambique’s Area 4
NEWS
Mozambique - May 22, 2024

ADNOC has acquired Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique.

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Opportunities-in-Mozambican-mining-Mamadhusen-CHIVAMBO-Grupo-Videre
Interview
Mozambique - May 21, 2024

Mamadhusen Chivambo of Grupo Videre talks about the Group’s mining and renewable energy ventures in Mozambique.

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Versatile fabrication in Mozambique
Interview
Mozambique - May 14, 2024

Jacinto Sabino Mutemba of Belutécnica talks about building new capabilities for mining and oil and gas work in Mozambique.

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Mozambique maps

Mozambique concession areas and operators 2019

    ALL MAPS
    Mozambique’s Coral Sul FLNG passes performance test
    NEWS
    Mozambique - May 07, 2024

    Mozambique's Coral Sul FLNG has passed its performance test, achieving LNG production of 3.4 million tpy.

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    ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG
    NEWS
    Mozambique - May 02, 2024

    ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's end.

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