Mozambique Oil & Gas: Oil, Gas Bid Round delayed until July 30

Oil and gas industry

Oil and gas industry

MAPUTO, April 16 (Reuters) – Mozambique’s fifth oil and gas bid round will close on July 30, delayed from its previous April 30 deadline, the government said on Thursday, without giving a reason.

The 15 exploration blocks on offer include three new areas of the northern Rovuma Basin, where U.S. oil major Anadarko Petroleum and Italy’s Eni are developing multi-billion-dollar liquefied natural gas (LNG) export projects.

The latest bid round has been delayed several times. The southern African country hopes to harness its vast natural gas reserves to become the world’s third-largest LNG exporter, behind Qatar and Australia. (Reporting by Manuel Mucari; Writing by Joe Brock; Editing by James Macharia)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s