Browsing: Oil & Gas

Electricity Gas storage tanks at Beluluane Industrial Park. Picture: Beluluane Industrial Park
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The Mozambican government approved on Tuesday the construction of a $700 million gas-fired power plant in Beluluane, Maputo province, that will have the capacity to produce up to 2,000 megawatts of electricity. The construction of the power station is [...]

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Agriculture A Yara fertilizer plant and phosphate rock mine in Finland. Photo © Yara
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A fertiliser plant planned by Norway’s Yara using Rovuma Basin gas, “is no longer in a position to advance,” because the domestic gas price is too high, according to a senior official at Mozambique’s petroleum regulator, INP. Yara’s 1.2 million tonne per annum plant,
Extractives Rovuma LNG logo_article
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The Mozambican government is pushing for ExxonMobil to take a final investment decision (FID) on its Rovuma LNG project before elections on 15 October, but a combination of higher-than-expected engineering, procurement and construction (EPC) bids, and growing uncertainty around the security [...]

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Extractives Photo: US Exim Bank Facebook page
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The Anadarko-led Area 1 consortium has assembled a large group of state-owned export credit agencies (ECAs) to support the financing of the $20 billion Mozambique LNG project which reached its final investment decision (FID) on 18 June, sources have told [...]

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