Browsing: Nacala

Daily Briefing
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Zitamar Daily Briefing, 7 October

Welcome to Zitamar’s daily Mozambique briefing for 7 October, 2019


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Electricity
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Japanese and Turkish JV plan region’s first LNG-to-power project in Nacala

Turkey’s Karpower is to switch its oil-fueled floating power plant in Nacala to run off LNG, in collaboration with the world’s biggest LNG shipping company Mitsui OSK Lines, in what will be the first LNG-to-power plant in southern Africa.

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Agriculture
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Yara threatens to pull Mozambique fertiliser project over domestic gas price

A fertiliser plant planned by Norway’s Yara using Rovuma Basin gas, “is no longer in a position to advance,” because the domestic gas price is too high, according to a senior official at Mozambique’s petroleum regulator, INP. Yara’s 1.2 million tonne per annum plant,

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Storage & Warehousing
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Gunvor’s Nacala play could give it control of regional fuel supply

- Gunvor is paying for the $20 million refurbishment of Nacala fuel terminal, and is negotiating rights to all non-coal capacity on the Nacala rail line, sources say - Traders fear the deal will give the Swiss-based commodities trader control of fuel sales to Mozambique’s [...]

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Politics
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Mozambique’s municipal elections 2018 – Zitamar preview

Next month sees the first time that MDM and Renamo have faced off in municipal elections, so the dynamics of having two significant opposition parties remain to be seen. That said, early indications are that Frelimo will benefit from the split opposition. [...]

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Agriculture
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Mozambique pigeon pea summit raises hopes of export quota transparency

Pigeon pea exporters are looking forward to greater transparency next year in the allocation of quotas to export the crop to India, following a meeting in Nacala yesterday prompted by complaints about how the system has been run up to now.

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