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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.”

Agile-logistics-in-Mozambique-Remy-BAYIHA-KODOCK-Kerry-Project-Logistics
Interview
Mozambique - July 11, 2024

Remy Bayiha Kodock of Kerry Project Logistics talks about driving innovation and efficiency in logistics in Mozambique.

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Mozambiques-first-grassroots-energy-asset-Arsenio-MABOTE-CMH-1
Interview
Mozambique - July 09, 2024

Arsénio Mabote of Companhia Moçambicana de Hidrocarbonetos talks about investing in gas production in Mozambique.

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Full-service-fuelling-in-Mozambique-Danilo-NEVES-CORREIA-Puma-Energy
Interview
Mozambique - July 02, 2024

Danilo Neves Correia of Puma Energy talks about securing steady supplies of affordable fuel for Mozambique.

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Spanning-the-heavy-steelwork-spectrum-Marco-CORREIA-DUYS
Interview
Mozambique - June 28, 2024

Marco Correia of Duys Moçambique talks about opportunities for the company in Mozambique's power sector.

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Banking-on-Mozambiques-potential-Bernardo-Aparicio-Standard-Bank
Interview
Mozambique - June 20, 2024

Bernardo Aparício of Standard Bank Mozambique talks about stimulating energy demand through targeted project financing.

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Mozambique maps

Mozambique concession areas and operators 2019

    ALL MAPS
    In-demand-industry-skills-for-Mozambique-Andrew-SCHNITZER-DA-SILVA-Ascending
    Interview
    Mozambique - June 13, 2024

    Andrew Schnitzer da Silva and Filipe Francisco of Ascending talk about workforce training in Mozambique.

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    Safety-first-with-G4S-in-Mozambique-Helder-DOS-SANTOS-G4S
    Interview
    Mozambique - June 06, 2024

    Helder dos Santos of G4S Secure Solutions Mozambique talks about utilising technology to monitor safety and operations.

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    Interview
    Nigeria - April 03, 2023

    Oladiran Fawibe of International Energy Services Limited talks about the company’s footprint in the Nigerian market.

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    Local content for Angolan offshore projects TEY_post_Lamia-RAMOU2
    Interview
    Angola - November 21, 2023

    Lamia Ramou, country representative of Red Offshore, talks to The Energy Year about the business rationale behind the creation of Red Offshore, some of the tenders the…

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