Mozambique’s plans to reduce reliance on imported fuel by using Rovuma Basin gas to produce diesel could fail due to the small quantities of gas available to the domestic market, as well as the costs of building such a facility, experts have warned. [...]
Mozambique’s oil and gas regulator, the Instituto Nacional de Petroleo (INP), has put an ambitious timetable to select which major projects will use domestic gas from the Eni- and Anadarko-led gas fields in the Rovuma basin.
Mozambique’s Ministry of Mineral Resources and Energy (MIREME) will launch a tender next month to select companies to develop projects using the domestic gas allocation from the prolific Rovuma Basin in the north of the country. [...]
Monetising Mozambique’s vast Rovuma Basin gas reserves via gas to liquids (GTL) projects, as prioritised under Mozambique’s Gas Master Plan, may no longer be profitable if oil prices stay low. While other downstream [...]