Mozambique Approves Contract for Angoche A6-C Offshore Area Concession, to Be Operated by Eni

Mozambique Approves Contract for Angoche A6-C Offshore Area Concession, to Be Operated by Eni

This Tuesday, 22 July, the Executive approved a concession contract for the exploration and production of oil in the Angoche A6-C Offshore Area, which involves the Italian oil company ENI Moçambique as operator and the National Hydrocarbons Company (ENH). According to information from Lusa, the decision was taken at an ordinary meeting of the Council of Ministers, where it was explained that the concession gives the concessionaire ‘the exclusive right to conduct oil operations, with a…

Read More

Mozambique Oil & Gas: ENH secures State guarantees for Rovuma gas project

Mozambique Oil & Gas: ENH secures State guarantees for Rovuma gas project

The Mozambican state has provided state guarantees to Empresa Nacional de Hidrocarbonetos (ENH) to allow the state-run oil company to secure a loan that in international markets to cover its participation in natural gas projects in the Rovuma basin, in the northern province of Cabo Delgado.`

Read More

Mozambique Oil & Gas: Finance minister defends loan guarantee for ENH

Mozambique Oil & Gas: Finance minister defends loan guarantee for ENH

The Minister of Economy and Finance, Adriano Maleiane, on Monday tried to persuade the Plan and Budget Commission (CPO) of the Mozambican parliament, the Assembly of the Republic, that the country needs to return to the international capital markets to borrow a further two billion US dollars to cover the participation of the National Hydrocarbon Company (ENH), in the liquefied natural gas (LNG) projects in the Rovuma Basin, off the coast of the northern province…

Read More

Mozambique Gas Summit: Country on path to become major LNG supplier

Mozambique Gas Summit: Country on path to become major LNG supplier

The Mozambican government has declared that the agreements and contracts signed so far for the eventual sale of liquefied natural gas (LNG) produced in the Rovuma Basin, in the far north of the country, show that Mozambique is on its way to becoming one of the world’s major suppliers of LNG.

Read More

Mozambique Oil & Gas: Govt to provide $2.2bn sovereign guarantee to participate in Anadarko-led Moz LNG project

Mozambique Oil & Gas: Govt to provide $2.2bn sovereign guarantee to participate in Anadarko-led Moz LNG project

The Mozambique government has set aside $2.2 billion in its 2019 budget to provide a guarantee to national oil company ENH for its share in the Area 1 LNG project, finance minister Adriano Maleiane confirmed to @Verdade last week.

Read More
1 2 3 8