Mozambique Extended Gas Tender

Mozambique Extended Gas Tender

The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development projects to use liquefied gas in initiatives such as the production of electricity and production of fertilizer or liquid fuels for local consumption, Interfax reported.

The deadline for the tender launched in August had been extended until mid November. This came in response to a request from several companies interested in taking part, according to Macau Hub. Several firms have shown interest in the tender, with Petromoc keen to bid on the $5b project for transforming natural gas into diesel.

The Rovuma sedimentary basin in northern Mozambique, so far has the country’s most important natural gas reserves and is estimated to contain over 180tcf of gas. US multinational Anadarko and Italy’s ENI are the main operators in the area but in the coming years the area may see the involvement of another US oil giant, ExxonMobil, which was approved in the last tender for oil and gas research launched in Mozambique.

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