Browsing: Oil & Gas

Extractives Sasol's Central Processing Facility in Inhambane. Photo © Sasol
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South African energy firm Sasol has won government approval for a project to start pumping oil from a well at Inhassoro, on its existing concession area in southern Mozambique’s Inhambane province where the company already produces gas at the Pande and [...]

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Extractives The exploration blocks auctioned off in the INP's 5th round
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Mozambique does not expect to start negotiations with the winning bidders for the fifth oil and gas licencing round for at least another month, Jose Branquinho, the head of resource assessment at state petroleum regulator, INP. INP is [...]

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Extractives An LNG plant in Australia. © ConocoPhillips
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Mozambique may introduce an LNG-specific tax regime if its newly updated petroleum tax regulations prove too tough for Rovuma Basin gas developers in today’s $30 oil environment, a leading Maputo-based energy lawyer told a conference in the capital on 21 [...]

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Extractives Drilling offshore Mozambique. Photo: Anadarko
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The International Monetary Fund (IMF) has drastically revised its estimates of Mozambique’s future LNG capacity from around 20 million tonnes per annum (mtpa) to 89 mtpa, a total that would make the country the world’s third largest LNG producer by 2028, behind Australia and the United [...]

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