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 […]
LNG
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 […]
Mozambique announces first exports of liquefied natural gas
Mozambican President Filipe Nyusi announced in a video the start of exports of liquefied natural gas (LNG), produced off the northern province of Cabo Delgado, […]
Mozambique’s President Nyusi to Address Delegates at African Energy Week 2022
Mozambique’s President Filipe Nyusi to Address Delegates at African Energy Week 2022 If Africa is to make energy poverty history in Africa by 2030, the […]
Tanzania signs LNG deal with gas giants Shell and Equinor
The government signed a framework agreement on Saturday 11 June with Shell and Equinor, British and Norwegian companies, for the construction of a liquefied natural […]