Browsing: Fifth licensing round

Extractives Carlos Zacarias, head of petroleum regulator INP. Photo © Fungai Caetano / Zitamar News
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Carlos Zacarias, the chairman of Mozambique’s petroleum regulator INP, is facing legal action from a consortium that bid in Mozambique’s fifth oil and gas licensing round and is accusing the director of abuse of power and falsifying documents. The consortium, led by ShoreCan – 

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Extractives Blocks in Central Mozambique in INP's 5th round. Image: INP
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Mozambique’s petroleum sector authorities will launch a consultation with oil companies next month to gauge interest in a new round of exploration blocks, following the signing of exploration and production concession contracts (EPCCs) for the fifth round blocks [...]

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Extractives MIREME minister Leticia Klemens talks with finance minister Adriano Maleiane. Photo © Alexandre Nhampossa / Zitamar News
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Mozambican transparency NGO the Centro de Integridade Pública (CIP) today demanded energy minister Letícia Klemens provide a clarification on why contracts from the latest round of oil and gas exploration licensing have still not been signed. [...]

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Oil & Gas Blocks awarded in the fifth licensing round: INP
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Mozambique’s Council of Ministers agreed on Tuesday to make adjustments to Article 40 of the petroleum tax law to improve the fiscal stability of new oil and gas projects, which should help kickstart new investment in exploration in the country. [...]

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