Browsing: INP

The Mozambican government has promoted the director of projects and development at petroleum regulator INP to the post of chairman, taking the place of Carlos Zacarias who was appointed minister of mineral resources and energy in March

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All work at the LNG site has been suspended, but Total may have only declared force majeure with the government on its exploration and production concession contract, and not with its contractors -- yet

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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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Mozambique’s petroleum regulator hopes to launch a sixth exploration licensing round this year, but is still reviewing some legal aspects of the bidding process and deciding which blocks to put up for auction.

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The LNG projects operated by Total and ExxonMobil may be able to deduct the extra costs they spend on security in Cabo Delgado against future project revenues, as the security situation in the northern Mozambican province continues to deteriorate, the chairman of Mozambique's petroleum regulator INP, Carlos Zacarias told journalists on Thursday.

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