Investment Decision on Mozambique’s Gas Expected by July

• Monday, 27th March 2017
• by

ENI, Mozambique's Area 4 operator, will make a final investment decision (FID) still by March and conclude the financial package by the end of the first half of 2017.

IMF Supports Mozambique’s Fuel Price Increase

• Sunday, 26th March 2017
• by

The International Monetary Fund (IMF) supports the Mozambican government decision to increase fuel prices as the IMF believes the step will help the African country in facing its struggles with foreign debt.

Mozambique to Receive $350m in Taxes from Eni

• Wednesday, 22nd March 2017
• by

Mozambique will gain $350m in capital taxes from Eni after the Italian oil and gas company agreed to sell a stake in a gas field to ExxonMobil Corporation.

Tokyo Gas Group to Buy Natural Gas from Mozambique

• Monday, 20th March 2017
• by

Tokyo Gas Group plans to buy natural gas from Mozambique in parallel with the group's plan to diversify providers.

Japan to Invest in Mozambique’s Energy Sector

• Thursday, 16th March 2017
• by

Japan's Sumitomo Corp. is currently planning to sign a contract with a state-run Mozambican power company to construct a gas-fired power plant 700km northeast of Maputo by mid-March.

ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique

• Monday, 13th March 2017
• by

ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b.

Rosneft to Develop 3 Offshore Areas in Mozambique

• Sunday, 5th March 2017
• by

Rosneft expects to make concession agreements for development of three offshore areas in Mozambique in mid-2017.

Eni to Sell Stake in Mozambique Gasfield within Weeks

• Thursday, 2nd March 2017
• by

Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.

Sasol Resumes Gas Production in Mozambique

• Thursday, 23rd February 2017
• by Editorial Team

South African Sasol has resumed production of natural gas in the southern Mozambican province of Inhambane after cyclone Dineo, which battered 12 districts of the territory in mid-February.

Mozambique Awards 3 Gas Development Projects

• Wednesday, 1st February 2017
• by Dr. Mahinaz El-Baz

Mozambique's National Petroleum Institute (NPI) announced that the government has awarded three contracts for gas development projects across the region.