TotalEnergies–AMNI gas project reaches final investment decision
TotalEnergies and AMNI International Petroleum Development Company have reached a final investment decision on a gas project in Nigeria, supported by a long-term sales agreement […]
LNG
Egypt, QatarEnergy Seal LNG Supply Deal as Cairo Moves to Secure Energy Needs
Egypt’s state-owned Egyptian Natural Gas Company (EGAS) and QatarEnergy have signed an agreement for the delivery of Qatari liquefied natural gas (LNG) shipments to Egypt’s […]
Nigeria reclaimed top spot in Africa’s oil and gas upstream investment ranking in 2024
Nigeria reclaimed its position as a leading destination for oil and gas investments in Africa in 2024, according to a new report by market intelligence […]
Mozambique’s Central Bank cuts interest rate to 12.75%
The Monetary Policy Committee (CPMO) of the Bank of Mozambique announced on November 27 a reduction in the monetary policy interest rate, known as the […]
IMF approves new disbursement of 55.4 million euros in assistance program for Mozambique
The International Monetary Fund (IMF) has approved the third assessment of the assistance plan for Mozambique, allowing the “immediate disbursement” of a new tranche of […]
Mozambique expects 62.5 ME in tax revenues from natural gas in 2024
The Mozambican State expects to receive 4,268 million meticais (62.5 million euros) in tax revenue from natural gas next year, according to Government figures available […]
Work to resume on Mozambique’s mothballed gas project
An Italian subcontractor of French giant TotalEnergies said it was preparing to restart work on a huge gas project in northern Mozambique that had been […]
Angolan government approves changes to investment contract for Angola LNG project
The Angolan government on Wednesday approved changes to the investment contract for the Angola LNG project, in order to allow for the continued operation of […]
Oil Minister says Angola may soon have floating gas facilities
Diamantino Pedro was speaking Tuesday during a ministerial panel at the international Conference Angola Oil & Gas, an initiative of consultancy Energy Capital & Power, […]
Mozambique: president inaugurates gas platform with several emotional comparisons
The Mozambican President, Filipe Nyusi, compared Wednesday the first export of gas from Rovuma to a successful delivery, during the inauguration of the Coral Sul […]