Browsing: Shell

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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Oil & Gas
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Analysis: Where does the Anadarko bidding war leave Mozambique?

Occidental Petroleum appears to be moving into pole position to buy fellow US oil company Anadarko, after upping its price for the company to $76 per share, versus Chevron’s $63/share offer, and receiving $10 billion in backing for the deal from billionaire investor Warren Buffet. Oxy has no [...]

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Oil & Gas
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Resource nationalism in Tanzania driving gas investors to Mozambique

The high risk of resource nationalism in Tanzania means that oil companies are increasingly viewing neighbouring Mozambique as a “more predictable and dependable partner” for the development of offshore gas assets, according to political risk consultancy Verisk Maplecroft. Tanzania’s descent [...]

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Extractives
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Mozambique energy ministry seeks consultant to develop LNG strategy

Mozambique’s Ministry of Mineral Resources and Energy (MIREME) is recruiting an individual consultant to help the ministry design its gas and LNG strategy, as well as provide support negotiating concessions with oil and gas companies in Mozambique. [...]

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Extractives
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Analysis: Could Mozambique use Anadarko’s POD approval to recover access to the sea?

The plan of development (POD) for Area 1’s 12 mtpa LNG plant in Cabo Delgado will go to the Mozambique’s Council of Ministers next Tuesday. If passed, this would be another key milestone towards FID -  but the government could also be eyeing it as an [...]

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