- Africa Oil & Gas: KBR awarded FEED contract for BP’s Tortue project
- Mozambique Oil & Gas: Tohoku Electric secures Mozambique LNG volumes for 15 years period
- Africa Mining: Congo miners seek concessions in new code as arbitration on hold
- Africa Mining: South Africa water shortage an emerging challenge for mines
- Global Oil & Gas: WoodMac expects 2019 to be LNG FID year
Indian company Essar Ports of the Essar group plans to invest US$500 million to build a new coal terminal in Mozambique, Rajiv Agarwal, the chief executive of the company said in Mumbai on Monday.
In August 2017, Essar Ports signed a 30-year concession agreement with the Mozambican government for construction of the coal terminal at the port of Beira, in Mozambique’s Sofala province.
The coal terminal to be built in Mozambique will be the only business that Essar Ports operates outside India. (source: Macauhub)