Browsing: Extractives

Infrastructure aerial view of Palma
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Rehabilitated Palma Airstrip to open in December under new concessionaire

The public airstrip in Palma, Cabo Delgado, in northern Mozambique, should reopen by the end of December following the rehabilitation of the runway by a Kenyan-owned aviation company. Palma district administrator Valige [...]

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Coal
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Construction of Macuse port and rail to start next year, concessionaire says

A $3.2 billion project to build new port in Zambezia province and a 639-kilometre railway linking it with coalfields in Tete will begin at the end of next year, Orlando Marques, the CEO of Thai Mozambique Logistics (TML) told Zitamar News. However, the concessionaire and the Ministry of [...]

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Electricity
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Total plans start importing LNG into Mozambique by end of 2022 

French oil major Total and South Africa’s Gigajoule plan to take a final investment decision (FID) on an LNG-to-power project in Matola, southern Mozambique by mid-2020, with the aim of bringing the project online by the end of [...]

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Oil & Gas
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Minister’s assurance of ENH LNG financing, more optimism than guarantee

The Government of Mozambique announced on Friday that it had secured foreign funding for several "strategic projects" at the 2019 African Investment Forum (AIF), including $1.2 billion for state oil company  ENH to fund its stake in the Area 1 LNG project in the Rovuma Basin. "The [...]

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Conservation
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Public consultation closes on Sasol’s controversial Bazaruto exploration plans 

Residents and environmental groups in Inhambane are challenging plans by South African energy company Sasol to start exploring for oil and gas near the Bazaruto archipelago. Groups have raised concerns that tourism, fishing and the marine life around the islands - which are an important [...]

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Extractives
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Syrah makes drastic cuts to Mozambique graphite operation

30% of Mozambique staff will go as production is cut to a bare minimum Syrah Resources will make 30% of its staff redundant and cut production to the bare minimum at its graphite mine and processing facility in Balama, Cabo Delgado, blaming changing market conditions in its biggest [...]

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Oil & Gas
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Exxon awards EPC contract for the $30 billion Rovuma LNG project

The Mozambique Rovuma Venture, the operator of Area 4, awarded the engineering, procurement and construction contract for its Rovuma LNG project to a joint venture of JGC, Fluor and Technip FMC at a ceremony in Maputo on Tuesday morning. The “initial [...]

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