M a r k e t N e w s

Mozambique Sees Big Uptick in Gas Exports

Posted on : Tuesday , 22nd December 2015

At the opening the 1st Coordinating Council of the Ministry of Mineral Resources and Energy Mozambique’s Minister of Resources and Mining, Pedro Couto, revealed that the country’s natural gas exports had doubled in 2015 to approximately 115.4 million gigajoules.

Couto also revealed that production of natural gas had increased by 8% but added that the fall in prices on world markets could affect exploration activities in the country.
 
Couto, cited by Mozambican news agency AIM, said that negotiations were underway to start the development of natural gas reserves discovered in the Rovuma basin by ENI and Anadarko, was slated to start between 2020 and 2021.

Source : petroleumafrica.com
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