Monday, April 22, 2024

Construction work on Temane Gas and Energy Projects set to commence

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Construction on the Temane Gas and Energy Projects is expected to commence in the second half of 2021. The Mozambican government and cooperation partners...

World Bank and IMF undeterred by growing risks to Mozambique’s mega-gas project

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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

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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.

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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

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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

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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

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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

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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

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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...

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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...