Mozambique Oil & Gas: Anadarko, Eni sign maritime terminal concession contracts in Maputo

LNG Maritime Concessions signed

From Left to Right: Anadarko Country Manager, John Bretz, Mineral Resources Minister Leticia Klemens and Fabio Castiglion – Eni Country Manager (image courtesy of Anadarko)

US-based group Anadarko Petroleum and Italian ENI have signed with the Mozambican government on Thursday the maritime concessions contracts for the construction of the LNG maritime terminal and facilities for materials discharge on the Afungi peninsula, according to the press Mozambican. Continue reading

Africa Oil & Gas: Is Mozambique Africa’s Qatar Of Natural Gas?

Oil and Gas

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Mozambique had decided that its massive natural gas reserves would be the country’s ticket off of the world’s poorest countries shortlist – but mismanagement of domestic strife and wonky fiscal planning have put Maputo behind in becoming Africa’s Qatar. Continue reading

CONSORTIUM FOR THE PALMA – GAUTENG PIPELINE: “Profin Consulting, SA belongs to the Chipande family”, CIP reports

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To perform the technical and commercial feasibility study, SACOIL Holdings established a joint development agreement with Mozambican nas outh Africa public institutions

The South African gas and oil company SacOil, announced the establishment of a consortium which is to propose, to the Mozambican Government, the construction of a natural gas pipeline from Palma (Cabo Delgado) to Gauteng (South Africa), with branches to deliver gas to “cities and urban settlements” in Mozambique, according to the Mozambique Center for Public Integrity (CIP).

In addition to SacOil, the announced consortium also includes the public company ENH (Empresa Nacional de Hidrocarbonetos) and Profin Consulting, SA, a Mozambican private equity company, in which Alberto Joaquim Chipande and his wife, Hortência Cornélio João Mandanda Chipande are the shareholders. Continue reading

Mozambique Oil & Gas: ENI’s floating factory environmentally viable

Mozambique gas bonanza

Mozambique gas bonanza

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Mozambique Oil & Gas: Thailand’s PTTEP Group plans to invest US$1 billion in Rovuma gas development

PTTEP CEO Tevin Vongvanich

PTTEP CEO Tevin Vongvanich

Thai state group PTT Exploration and Production (PTTEP) said Monday it planned to invest up to US$1 billion in a project in Mozambique within 5 to 6 years beginning in 2015, financial news agency Reuters reported.

The group’s chief executive, Tevin Vongnavich, noted that the project aims to be producing 10 million tons of liquefied natural gas from late 2018 or early 2019.

In 2012 the Thai state group acquired Irish company Cove Energy, which had an 8.5 percent share of the Area 1 block in the Rovuma Basin, northern Mozambique, operated by US-based Anadarko Petroleum. (macauhub/MZ)

Mozambique Oil and Gas Industry: Gov aims increase in power production from natural gas

Salvador Namburete, Mozambique Minister of Energy

Salvador Namburete, Mozambique Minister of Energy

Mozambique is expected to produce 800 megawatts of electricity at natural gas-fired power plants by 2020, according to a plan from the Energy Ministry presented in Lichinga, capital of Niassa province, Mozambican news agency AIM reported. Continue reading

Mozambique Oil & Gas: Mozambican government approves master plan for natural gas

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The Master Plan for Natural Gas, which is intended to promote Mozambique’s development by exploring this natural resource, was approved by the country’s Council of Ministers, the Natural Resources Minister said Tuesday in Maputo. Continue reading