Mozambique already has oil research

The negotiation with companies winners of the 5th International competition for the provision of research areas for oil and gas in Mozambique, could be completed within three to four months.

The information was advanced Thursday to the News during the Mozambique Gas Summit, an event opened by Minister for mineral resources and energy, Leticia Klemens, and which brings together companies oil and gas operators, equipment vendors, insurance industry, banking, among other entities with an interest in this area.

The 5th Contest of Research of oil in Mozambique was launched in 2014, taking the closure happened at the end of last year, with the establishment of the consortium led by Eni S.p.A. Mozambico, for the region of Angoche, A5-. In the same area, but already in area A5-B, the winner was the ExxonMobil E&P Mozambique Offshore Ltd.

This oil giant will also lead research on the Zambezi region, A5 and A5-D, while Sasol Petroleum Mozambique Exploration will be ahead of the polls in the Pande-Temane, PT5 light areas-C, and the Delonex Energy Ltd should work in the area of Palm, P5-Area.

As a first step, the National Petroleum Institute (INP) has estimated that investments in these areas can rise to about us $700 million in four years.

The representative of the INP, Ahmed Macuvele, said those present that, right now, the Government is finalizing the agreement with the companies, while hired already specialized companies for conducting seismic studies and other specialized surveys in the areas covered.

For his part, the Minister of mineral resources and energy, Leticia Klemens, recalled that the shocks arising from the new global energy matrix not only impose challenges to producing countries but also emerging as Mozambique, which in recent years has attracted little more than us $9 billion in research phase and that resulted in greatest discoveries of the last 15 years worldwide.

Already the High Commissioner of Britain in Maputo, Joanna Kuenssberg, spoke of the importance that the projects of natural gas may have for the future, considering that the exploitation of these resources in the manner laid down may allow Mozambique to become very quickly in a middle-income country, stressing the need for the restoration of peace.

Alexander Zab, Maputo
Abola en.


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