Browsing: Heavy Industry

Economy fuel tanker
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Industry players warned IMOPETRO, the company managing Mozambique’s fuel imports, of the dangers of awarding an import tender to unknown company Finergy, which has since failed to honour its import commitments, Zitamar News has learned. Finergy Petroleum, a secretive company [...]

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Cement The CIF-Moz cement plant project at Salamanga, Maputo province. Photo © Tom Bowker / Zitamar News
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A Singaporean company has agreed to pay $85 million for a majority  stake in a cement plant near Maputo which until last month was 99% owned by a company described as “the financial arm” of Mozambique’s ruling party, Frelimo. The cement plant project at [...]

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Extractives Sasol's gas processing facility at Temane, Mozambique. Photo © Tom Bowker / Zitamar News
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Details have emerged around a planned oil and gas refinery project in Mozambique, which was originally proposed by Chinese state-owned oil company CNPC but has now been put out to international tender after the Chinese offered to build, but not finance, [...]

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