Browsing: Max Tonela

Economy
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IMOPETRO ‘was warned’ over failed fuel importer 

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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Extractives
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Former Trinidad minister to advise Mozambique on gas development strategy

A former energy minister for Trinidad & Tobago has been appointed by Mozambique’s Ministry of Mineral Resources and Energy to help develop the country’s LNG and domestic gas strategy, as well as to support the government in negotiations with oil and [...]

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Electricity
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Mozambique signs concession for $55m French-financed solar power plant

Mozambique’s energy minister yesterday awarded a 25-year concession to French renewable energy company Neoen to develop a 41 megawatt (MW) solar power plant in Metoro, Cabo Delgado. The $55 million project will receive [...]

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Extractives
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Mozambique signs 5th round exploration contracts with Eni and Sasol

Italian oil company Eni and South Africa’s Sasol on Wednesday finally signed contracts to explore and develop oil and gas in two blocks in Mozambique, more than three years after petroleum regulator INP first awarded them the blocks.

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Electricity
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Dubai company could take Mozambique to court over $4.6bn hydro project

The Mozambique government could be taken to the international court of arbitration in Geneva if it fails to recognise an Emirati company’s claim to have exclusive rights to develop the $4.6 billion Mphanda Nkuwa hydroelectric dam project in the province of [...]

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