Mozambique Oil & Gas: Over US$9.1 billion will be spent on country’s upstream Capex by 2020

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, will add up to US$9.1 billion over the three-year period in upstream capital expenditure by 2020, according to GlobalData, a leading data and analytics company.

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