Mozambique

Africa Oil & Gas: Is Resources-rich Mozambique the next Nigeria?

Posted on by Mozambique Resources Post
Africa Oil & Gas: Is Resources-rich Mozambique the next Nigeria?

Mozambique is poised to become the next big thing in liquefied natural gas. If it fails to settle its security situation in the Cabo Delgado province, it could also become the next big thing in African insurgencies.

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Mozambique Energy: “All 151 district capitals electrified by year end” – Minister

Posted on by Mozambique Resources Post
Mozambique Energy: “All 151 district capitals electrified by year end” – Minister

The Mozambican Minister of Mineral Resources and Energy, Max Tonela, announced on Wednesday that US$200 million, out of the US$600 million, has been made available for building the electricity transmission line from Caia, on the south bank of the Zambezi river to the northern port of Nacala.

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Mozambique Oil & Gas: Govt to sign new gas agreements by September

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: Govt to sign new gas agreements by September

Mozambique is on the cusp of a new wave of prospecting for gas and oil with the imminent adoption of revised model gas contracts. In 2015, the National Petroleum Institute (INP) announced the results of the fifth licencing round for the exploration and production of hydrocarbons.

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Mozambique: “Captured Rebel Leader in Gas-Rich North,” – Sources Say

Posted on by Mozambique Resources Post
Mozambique: “Captured Rebel Leader in Gas-Rich North,” – Sources Say

(Bloomberg) — Mozambican security forces carried out a major attack on a base of an Islamist militant group in the gas-rich north last week, killing at least four fighters and capturing a suspected rebel leader, according to three people familiar with the matter.

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Mozambique Mining: Kenmare’s H1 profit surges on stronger Chinese demand

Posted on by Mozambique Resources Post
Mozambique Mining: Kenmare’s H1 profit surges on stronger Chinese demand

(Reuters) – Titanium minerals miner Kenmare Resources Plc said on Monday pretax profit for the first half of the year jumped nearly three-fold, as it shipped more finished products to China and other Asian markets.

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Mozambique Extractives: “Megaprojects’ contribution to Mozambique’s economy falls” – Tax Authority

Posted on by Mozambique Resources Post
Mozambique Extractives: “Megaprojects’ contribution to Mozambique’s economy falls” – Tax Authority

The Mozambican Tax Authority revealed on Tuesday that megaprojects, the mining industry and the oil industry contributed less revenue to the state’s coffers in the first half of the year than last year.

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