Mozambique Energy Industry: Green Light to construction of Chemba hydroelectric plant

The Mozambican Council of Ministers has approved the resolution authorising negotiation of the project to build the Chemba hydroelectric plant on the Zambezi River in central Mozambique, which will generate up to 1,000 megawatts of power, according to Mozambican news agency AIM. Advertisements

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Renewables: Powerless Devices to Prevent Infant Mortality Rate across Africa

Royal Philips has partnered with South African non-profit PowerFree Education Technology (PET) to develop, test, and commercialize a Wind-up Doppler Ultrasound Fetal Heart Rate Monitor. The device is a unique power-independent clinical innovation that will fight the high rates of preventable infant mortality across Africa.

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Mozambique Extractive Industry: Tax Authority CEO rules out immediate drop in tax on extractive industries

Mozambique Extractive Industry: Tax Authority CEO rules out immediate drop in tax on extractive industries

The sharp drop in the price of coal on the international market led to Vale Moçambique posting a loss of US$44 million in the first quarter of 2014, and the company’s director, Pedro Gutemberg called on the Mozambican government to “consider a tax reduction,” as a way of helping reduce the costs of the mining operation.

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World Energy Sustainability: “World Has to Invest USD 48 Trillion to Meet Its Energy Needs”, IEA says

Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released yesterday (Jun 3rd, 2014) by the International Energy Agency (IEA) as part of the World Energy Outlook series.

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From Oilprice: Global Energy Advisory – 30th May 2014

Discovery/Development • Italy’s Eni has confirmed gas discoveries in the Area 4 block in northern Mozambique’s Rovuma Basin. Eni started drilling the Agulha-2 test welI in February this year, estimating reserves at 85 trillion cubic feet. Eni has a 50% interest in Area 4, along with China National Petroleum Corp. (20%), Portugal’s Galp Energia (10%), Mozambique state-run Empresa Nacional de Hidrocarbonetos (10%) and Korea Gas (10%). Norway’s Statoil and US-based Anadarko are also operating in…

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Mozambique Energy Industry: France loans Mozambique US$52 million to build power plant

France has provided Mozambican state power company Electricidade de Moçambique (EdM) with a loan of US$52 million for construction of a gas-fired power plant, in Ressano Garcia, Maputo province, under the terms of an agreement signed Friday in Maputo.

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