The Pemba Logistics Base will be ready to provide drilling services for the Coral FLNG project by the end of next month, Omar Mitha, head of state oil company ENH, a 51% shareholder in the project through its subsidiary ENH Logistics, told
Mozambique is currently in negotiations with the International Monetary Fund for an unfunded staff-monitored programme (SMP) to start at the beginning of 2019, which could lead to the financial support restarting later that year.
A replacement software provider for Mozambique’s ATM and card payments system should arrive in Mozambique this week for “accelerated negotiations” with a view to restoring services which have been out of action since Thursday night, central bank governor [...]
- Gunvor is paying for the $20 million refurbishment of Nacala fuel terminal, and is negotiating rights to all non-coal capacity on the Nacala rail line, sources say - Traders fear the deal will give the Swiss-based commodities trader control of fuel sales to Mozambique’s [...]
An existing food crisis in semi-arid regions of central and southern Mozambique is forecast to worsen in the coming months, and could also reach the northern Cabo Delgado province if further attacks force more [...]