The concession contract for the Hidroeléctrica de Cahora Bassa (HCB) hydroelectric facility was extended for another 15 years under a government-approved decree on Tuesday, the spokeswoman for the Mozambican Council of Ministers announced.
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Mozambique’s national electricity programme, which seeks to guarantee access of the entire population to electricity by 2030, will cost over five billon US dollars, according to the National Director of Energy, Pascoal Bacelar.
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President Nyusi met the vice-president of Anadarko in New York on Monday afternoon. The President told Notícias that he had received assurances about the importance the company places on its Rovuma Basin project, as evidenced by the high-level missions it will be sending to assess the progress of the project shortly.
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In partnership with Anadarko, the operator of the Mozambique Area 1 liquid natural gas project, the Ministry of Mineral Resources and Energy (MIREME) is hosting a seminar on Local Opportunities in Pemba, Cabo Delgado on Friday (August 10).
Read MoreJúlio Parruque is the new strong-man for Cabo Delgado mineral-rich province. During the inaugural ceremony in Maputo, President Filipe Nyusi challenged the new governor to be a catalyst for the development of the province.
Read MoreUSA, 16th June – Mozambican President Filipe Nyusi has said he hopes that by the end of the year, decisions will be made for the US oil company Anadarko to launch the natural gas exploration project in the Rovuma Basin in the north of the country.
Read MoreThe Mozambican government is expected to earn $ 16 billion over the 25-year exploration of the Coral Sul natural gas project, which was launched on Thursday and was rated by the promoters as “just an appetizer.” “It’s a great appetizer, it’s a lunch, a dinner, but we’d rather call it an appetizer compared to the much larger reserves that Mozambique has,” said Claudio Descalzi, managing director of the Italian oil company ENI.
Read MoreThe Japanese government will support its Mozambican counterpart to identify mechanisms for stabilisation of the fuel market and find solutions for the issue of public finances, said on Thursday in Tokyo the President of Mozambique.
Read MoreThe President of Mozambique said it is imperative to explore the existing mineral resources in the country in a rational way and to provide positive returns both for present and future generations, Mozambican news agency AIM reported.
Read MoreThe government of Mozambique and US group Anadarko Petroleum are close to reaching an agreement which will allow the start of natural gas extraction operations in the Rovuma basin, in Cabo Delgado province, according to Mozambican daily newspaper Notícias.
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