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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.”

Mozambique’s second LNG project looms closer
NEWS
Mozambique - May 24, 2023

TotalEnergies has published a humanitarian report outlining an action plan to boost local aid and restart its USD 20-billion…

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An asset base for instant delivery Al Faris UAE Kieve-PINTO
Interview
UAE - May 24, 2023

Kieve Pinto, executive director of Al Faris Group, talks to The Energy Year about how the company has grown its services and…

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Sasol hits onshore gas find in Mozambique
NEWS
Mozambique - May 04, 2023

Sasol has hit natural gas at the onshore Bonito-1 exploration well in Mozambique , the country’s upstream regulator announced…

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African producers poised as Europe seeks alternate supplies Alberto-GALHARDO-SIMÕES
Interview
Angola - March 17, 2023

Alberto Galhardo Simões, partner and head of the Lusophone Africa practice at CMS Portugal, talks to The Energy Year about the…

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Mozambique maps

Mozambique concession areas and operators 2019

    ALL MAPS
    Saipem to restart Mozambique LNG project
    NEWS
    Mozambique - March 01, 2023

    Saipem has agreed to restart Mozambique’s first onshore LNG plant for TotalEnergies, the Italian oilfield services company’s…

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    Mozambique becomes LNG producer with Eni’s Coral South launch
    NEWS
    Mozambique - November 01, 2022

    Eni has launched production from its Mozambique LNG project, bringing the East African country into the league of global LNG…

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    A strategy for sustainability TEY_post_Alberto_Figueiredo
    Interview
    Angola - October 25, 2022

    Alberto Figueiredo, CEO of Operatec, talks to The Energy Year about how the company built a strategy for sustainability after the 2014 oil crisis, its approach to…

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    Angola’s role as a logistics hub TEY_post_Sebastien-Quedrue
    Interview
    Angola - September 14, 2022

    Sebastien Quedrue, Angola managing director for Advanced Maritime Transports (AMT), talks to The Energy Year about trends shaping the logistics services market globally…

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