Mozambique Oil & Gas: “Financing of natural gas project launched” – Minister

Mozambique Oil & Gas: “Financing of natural gas project launched” – Minister

Funding for the Rovuma Area 1 natural gas exploration project in northern Mozambique has been launched at the level of international commercial banks, the Minister of Mineral Resources and Energy announced on Wednesday. Advertisements

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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.`

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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…

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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.

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Mozambique Gas Summit: ENH sees no risk in new sovereign guarantee

Mozambique Gas Summit: ENH sees no risk in new sovereign guarantee

The chairman of the Board of Directors of Mozambique’s National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos – ENH) said on Thursday that the US$2 billion guarantee that Mozambique is to issue to enter the gas business does not entail risk.

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Mozambique Oil & Gas: Companies to spend $900 million with exploration activities

Mozambique Oil & Gas: Companies to spend $900 million with exploration activities

Companies exploring for oil and gas in Mozambique will spend at least $900 million, boosting the nation’s hopes of becoming a major exporter, Mineral Resources Minister Max Tonela said.

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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.

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Mozambique Oil & Gas: “ENH looking for partners for gas research in Mazenga area” – @Verdade reports

Mozambique Oil & Gas: “ENH looking for partners for gas research in Mazenga area” – @Verdade reports

The National Hydrocarbons Company (ENH), EP, is partner search for natural gas and oil research in Mazenga area, located in southern Mozambique, whose initial investments are estimated at 65 million US dollars.

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Mozambique Oil & Gas: Is Eric Prince teamed up with ENH?

Mozambique Oil & Gas: Is Eric Prince teamed up with ENH?

ENH Logistics, a subsidiary of the state-owned Empresa Nacional de Hidrocarbonetos (ENH) which already has a presence in a great variety of sectors including ports, navigation, real estate, aviation, maintenance and health, has set up three joint ventures with new international partners, reports Indian Ocean Newsletter. (27 July)

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