USA, 16th June – Mozambican President Filipe Nyusi has said he hopes that by the end of the year, decisions will be made for the US oil company Anadarko to launch the natural gas exploration project in the Rovuma Basin in the north of the country. Continue reading
The Mozambican government is expected to earn $ 16 billion over the 25-year exploration of the Coral Sul natural gas project, which was launched on Thursday and was rated by the promoters as “just an appetizer.”
“It’s a great appetizer, it’s a lunch, a dinner, but we’d rather call it an appetizer compared to the much larger reserves that Mozambique has,” said Claudio Descalzi, managing director of the Italian oil company ENI.
The Japanese government will support its Mozambican counterpart to identify mechanisms for stabilisation of the fuel market and find solutions for the issue of public finances, said on Thursday in Tokyo the President of Mozambique. Continue reading
The President of Mozambique said it is imperative to explore the existing mineral resources in the country in a rational way and to provide positive returns both for present and future generations, Mozambican news agency AIM reported. Continue reading
The government of Mozambique and US group Anadarko Petroleum are close to reaching an agreement which will allow the start of natural gas extraction operations in the Rovuma basin, in Cabo Delgado province, according to Mozambican daily newspaper Notícias. Continue reading