Browsing: Oil & Gas

There is no doubt that the Mozambican government sees the security of the LNG projects as a vital national interest, but it is unlikely to attempt to guarantee that security with French or US troops

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Norwegian fertiliser giant Yara International has abandoned plans to develop a fertiliser plant in Cabo Delgado — raising questions over the viability of the other domestic gas projects that the government hoped would drive economic development in the troubled province

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Sasol’s spending on its Production Sharing Agreement (PSA) licence in Inhambane will nearly halve from an initially estimated $1.77 billion, to to $984 million, under an amended development plan approved by the Mozambique government at the end of September

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The first phase of the Pemba Logistics Base (PLB) – intended to support oil and gas drilling and logistics in northern Mozambique – is close to being completed and the project, which has not yet secured any customers, is now bidding for work

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The Resource Curse is a much talked about phenomenon, but what about the Presource Curse – when a country’s economy is derailed not by resource exports, but the mere prospect of them