World Bank and IMF undeterred by growing risks to Mozambique’s mega-gas project
International Monetary Fund (IMF) and World Bank have provided important support to a controversial new gas mega-project in northern Mozambique, this is despite the...
Standard Bank in biggest-ever deal for Mozambique gas venture
Standard Bank oil and gas head Dele Kuti has revealed that besides contributing $485-million to the project, Standard Bank is also playing various other...
AfDB set aside $400 million for LNG plant.
African Development Bank Group (AfDB) has approved a long-term loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG)...
New fuel importer chosen
The Mozambican Petroleum Importing Agency (IMOPETRO) on Friday chose Sahara Energy as the country’s official fuel importer for the next six months, reports Monday’s...
Cummins debuts new gas generator
Cummins has debuted the HSK78G natural gas generator series at the 2019 Middle East Electricity (MEE) at the Dubai World Trade Centre.
The equipment is...
SPA signed for the first onshore LNG project
Mozambique LNG1 Company Pte., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a sale and purchase agreement (SPA) with...
Companies sign contracts for oil exploration in Mozambique
The companies that were awarded the 5th public tender for the concession of areas for oil research and production on Monday began to sign...
Rovuma LNG project gets funding
Portugal based integrated energy player Galp has announced plans to go ahead with an investment decision of the LNG project in the Rovuma basin.
According...
Ice Insurance scales up Mozambique coverage as country prepares for major gas and minerals...
Mozambique-registered insurer International Commercial and Engineering (ICE ) Seguros has increased its capital to US$10 million, as it positions itself to take advantage of...
Coral FLNG project set to return country to growth
Standard Bank and ICBC have financed the country’s first step as a regional and global offshore natural gas producer and supplier.
The landmark energy deal...
