The investigation by audit firm Kroll into the ‘secret’ borrowing taken out to fund the
Tanzania is trying to accelerate the development of its planned 10 million tonne per annum LNG plant in the hope of signing long-term sales agreements with Asian buyers before Mozambique, the energy minister said last week.
Eni will pay roughly $350 million in capital gains tax on its $2.8 billion sale of a stake in its Rovuma Basin gas block to ExxonMobil, Mozambique’s tax authority announced on Tuesday. Aníbal Mbalango, the Autoridade Tributaria (AT)’s adjunct director general [...]
Mozambique’s Tax Authority (Autoridade Tributaria, or AT) is still calculating the taxable base for the offshore gas block stake that Italy’s Eni is selling to US oil giant ExxonMobil, promising a statement on Tuesday on how it calculates the capital gains [...]