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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.”

ExxonMobil eyes 2025 Mozambique LNG plant FID: report
NEWS
Mozambique - February 13, 2024

ExxonMobil is reportedly planning to reach an FID on the Rovuma LNG project in Mozambique in 2025.

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Laurent Maubre of Dorman Long Engineering talks about opportunities for services providers in Nigeria’s energy industry.

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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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Tenaris’s growth in Angolan oil and gas TEY_post_-David-Tony-NWAKAJI
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David Tony Nwakaji of Tenaris talks about the company’s footprint in Angola and its new service centre in Soyo.

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Mozambique maps

Mozambique concession areas and operators 2019

    ALL MAPS
    TotalEnergies to restart Mozambique LNG project in 2024
    NEWS
    Mozambique - December 27, 2023

    TotalEnergies has decided to restart its USD 20-billion Mozambique LNG development in Q1 2024, Reuters reported on Friday.

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    Training for a transitioning energy industry TEY_post_Wiky-TABITA
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    Angola - December 21, 2023

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

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    Alberto MENDES Co-President GRUPO SIMPLES
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    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 why Grupo Simples is transitioning to…

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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 expansion, as well as dynamics in the…

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    Alan GLYN-CUTHBERT General Manager PETROWORK SOLUTION
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    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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    Octomar sees new dynamics in Angola Ricardo-DO-AMARAL
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    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
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    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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    Nigeria Zircon Seyi AJIBOLA.
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    Nigeria - February 15, 2021

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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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