Mozambique Oil and Gas Industry: Gov aims increase in power production from natural gas

Mozambique is expected to produce 800 megawatts of electricity at natural gas-fired power plants by 2020, according to a plan from the Energy Ministry presented in Lichinga, capital of Niassa province, Mozambican news agency AIM reported.

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Mozambique Oil & Gas Industry: NuEnergy Gas targets coalbed methane reserves in the country

NuEnergy Gas has signed an exclusive agreement with a Mozambican company to explore and develop coalbed methane (CBM). Exploration activities will be undertaken in the Tete Province, the Australia-based company added.

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A Look At Our Neighbour: Statoil Says Discovers Additional 2-3 TCF Of Gas Off Tanzania

Norway’s Statoil said on Wednesday it has made a high-impact gas discovery in Block 2 offshore Tanzania, boosting discovered gas volumes by 2-3 trillion cubic feet (57-85 billion cubic metres).

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Mozambique Mining Industry: Metals of Africa raises capital for prospecting in the country

Australian company Metals of Africa plans to start test drilling at a zinc, silver and lead project on the Mazoe River in Mozambique, after raising US$494,260 from a share issue, the company said.

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Mozambique Energy Industry: General Electric Ramps up Africa Natural Gas Investments

Just one day after General Electric Company (NYSE: GE) unveiled its new Distributed Power business for Africa, as well as plans for diesel-generated electricity in Nigeria, the company announced new natural gas generator orders from Tanzania and Mozambique.

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A Question: Why the sudden rush into Africa?

An Answer: It’s the oil! Mozambique, Kenya, Libya, Uganda and Nigeria are thousands of miles removed from that swirl of European tension known as Ukraine, but as drama unfolds in Eastern Europe, their destinies could be closely aligned. In essence, the more Russian President Vladimir Putin puts the grip on Russian gas prices, the more Western powers, from Nato to the US, feel squeezed and desperate enough to look for oil elsewhere. Africa fits a…

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