- Global Markets: LNG Buyers in Asia Look to Resell Supply
- Global Oil & Gas: EU Rules on Methane Curbs May Boost LNG Industry - Exxon
- Global Oil & Gas: Venture Global Accused of Reneging on LNG Contracts for Europe
- Global Oil & Gas: Oil Unchanged as Market Struggles for Direction
- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
Mozambique Mining Logistics: Vale ups coal transport, takes full control of Nacala Corridor
The railway in Mozambique’s Nacala Corridor will soon receive US$3 million in investment to increase its capacity to transport coal mined in Moatize, Tete, said Tuesday in Maputo the spokesman for the Council of Ministers.
Mouzinho Saide said that of that amount US$1.9 million will be invested in Mozambique and the remaining US$1.1 million in Malawi, whose territory is crossed by the line linking Moatize to the port of Nacala, in Nampula province.
The spokesman said the Cabinet approved a direct agreement between the government of Mozambique, as the granting authority and the railway and port concessionaires of the northern region, including the Northern Development Corridor and Nacala Integrated Logistics Corridor.
“The agreement does not create any financial obligation by the government to funders, as the logistics operation’s risks are the responsibility of the concessionaire and its promoters, namely Brazil’s Vale and Japan’s Mitsui & Co,” said the spokesman, quoted by daily newspaper Notícias.
“If Renamo were to attack, Vale would no longer have any trains ” – Antonio Muchanga, RENAMO spokesperson
Mozambique’s main opposition party has denied police claims that its men had attacked a Vale mining company train in Sofala province.
Renamo spokesman Antonio Muchanga said that the attacks and their constant attribution to Renamo were a maneuver by people who gain from the fact that the country is at war.
“If Renamo were attacking Vale trains, Vale would not have trains to run on that line. But more than ten trains per day run. (…) Renamo could dismantle that railway line. (…) This is just another game played by the children of malicious people who want to justify the stationing of armed forces there.”
The attack was mounted on the Sena line in Cheringoma district on a train heading for Moatize in Tete province where Vale operates a coal mine. The engineer was injured by glass from a shattered windscreen.