Mozambique Oil & Gas Market: CMH posts US$37.8 million in profits

Mozambican state oil and gas company Companhia Moçambicana de Hidrocarbonetos (CMH) in 2013 posted a profit of US$37.8 million, a year on year increase of 29 percent, according to the company’s report and accounts for last year.

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Mozambique Oil & Gas: Supply of natural gas in cities will boost industrial sector

Supplying natural gas to the cities of Maputo and Marracuene will increase the use of this fuel in Mozambique and drive the appearance of new industrial units, said Estevão Pale, the chief executive of state oil and gas company Companhia Moçambicana de Hidrocarbonetos (CMH).

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