Benoît Buron, the managing director of AMT Mozambique, talks to TOGY about the market’s potential, the qualifications of the workforce and the development of the…
READ MOREMozambique's Energy Industry
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.”
Galp Energia has confirmed more than 10 billion barrels of oil equivalent at the Mopane discovery offshore Namibia.
READ MOREThe ExxonMobil-led Rovuma LNG project in Mozambique has taken a step forward with a bid process for subsea works.
READ MOREChina's CNOOC has entered Mozambique with the award of five offshore exploration blocks.
READ MOREMozambique tripled its income from LNG sales to USD 1.7 billion in 2023.
READ MOREExxonMobil has launched a tender for EPC services for camp construction at the Rovuma LNG project in Mozambique.
READ MOREJanice Faria of Enagol talks about the company’s involvement in Angola’s upstream sector.
READ MORE-
A new era for the Lobito terminal
INTERVIEW
Most popular
Wentworth Resources announced Monday that it would relinquish the Tembo block and exit Mozambique.
“We have now completed a thorough technical and commercial review…
READ MOREMozambican Minister of Mineral Resources and Energy Max Tonela has announced the launch of the process to secure funding for the Rovuma Area 1 block, international…
READ MOREVictor Tivane, the local content director of Empresa Nacional de Hidrocarbonetos (ENH), talks to TOGY about the development of local content standards in the country,…
READ MOREQatar Petroleum announced a deal to acquire a 10% participating interest in three of ExxonMobil’s offshore exploration blocks in Mozambique on Saturday.
The…
READ MOREThe Mozambican bar association has announced it is suing to block Anadarko’s planned Mozambique LNG project, international media reported Saturday.
The bar…
READ MOREHenk du Bruyn, the Mozambique country manager of Control Risks, talks to TOGY about the security risks in Mozambique and the region. Control Risks provides consultancy…
READ MOREMark Loquan, president of The National Gas Company of Trinidad and Tobago Limited (NGC), talks to TOGY about how to address the gas supply bottleneck facing the…
READ MOREAnadarko has awarded a consortium of TechnipFMC and VanOord an EPCI contract for work offshore Mozambique, the upstream company announced Thursday.
The contract…
READ MOREGerry C. Brooks, chairman of The National Gas Company of Trinidad and Tobago Limited (NGC), talks to TOGY about how the financial performance and outlook of the company…
READ MOREWHOSE PLATFORM IS THIS?
ASK US
- Do you have a question for The Energy Year about oil and gas?
- If we know, we’ll tell you.
- If not, we’ll ask the experts in the field.