Browsing: Oil & Gas

Extractives
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Mozambique could cut LNG tax to help projects survive low oil price – Interfax

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
4

IMF ups Mozambique’s LNG export potential to 89 mtpa

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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