Race For Mozambique LNG Market and New Opportunities has Well and Truly Begun

Last week, I had the pleasure to attend the first virtual Mozambique’s energy event organized by IN-VR.

The event provides updates on current status, targets, projects, plans, Fiscal incentives and policies.

For those of you who couldn’t make the entire event, here was the event summary.

1.Eni-Exxon Mobil-led 15.2 MTPA Rovuma LNG projects are expected to reach FID in 2021 and will be fully commissioned 2026.

2.Sixth licensing round reported being launched next year.

3.By 2025/2026, Mozambique will have four operational LNG trains

 4.The country has one small field producing gas since 2004. Operated by Sasol, who supplies the vast majority of gas into South Africa.

5.Drilling project starts in 2021

6.Midstream opportunities are underdevelopment and anticipating a significant increase in activity in the near to mid-term.

I hope this helps.

Hussein Boffu runs a consultancy helping you become more successful and profitable in your project. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.