Mozambique Oil & Gas: Anadarko gas project is well under way, President of Mozambique says

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Anadarko gas project well underway

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

Mozambique Oil & Gas: Country to earn $16Bi with Coral FLNG

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Mozambique President, Felipe Nyusi (left), ENI CEO, Claudio Descalzi (right)

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.

Mozambique Oil & Gas: Japan to help country stabilise the fuel market

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Prime Minister Shinzo Abe and Mozambique’s President Filipe Jacinto Nyusi attend a joint news conference at Abe’s office in Tokyo last Wednesday

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

Mozambique Oil & Gas: Nyusi calls for rational exploration of natural resources

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President of Mozambique, Filipe Nyusi – Photo Archive (Official Page)

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

Mozambique Oil & Gas: Government and Anadarko Petroleum about to sign agreement on gas

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Al Walker, right, Anadarko Petroleum Corp. CEO, greets Filipe Nyusi, the President of Mozambique, and the First Lady of Mozambique, Isaura Ferrao Nyusi, as they arrive at Anadarko’s Allison Tower, 1201 Lake Robbins Dr., Friday, Sept. 16, 2016, in The Woodlands.

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

Mozambique Oil & Gas: Nyusi to take charge of licensing rounds

The recently elected Mozambique President, Filipe Nyusi

The recently elected Mozambique President, Filipe Nyusi

A postponement of the deadline for bids for 13 new blocks will benefit the future president, to the detriment of Armando Guebuza who wanted to control the process to ensure his future…read more