Mozambique: securing the country for natural gas investments
- May 29, 2018
- - 5:59 pm
Summary: Upcoming Final Investment Decisions on Mozambique’s liquified natural gas developments are propelling the Mozambique government to effect policy reform enabling comprehensive support to the hydrocarbons projects. Analysis The Mozambique government is counting on Rosneft and ExxonMobil to make final investment decisions as early as the fourth quarter of 2018 on their offshore natural gas interests in the country’s Rovuma basin. The scale of investment in Mozambique’s LNG sector will likely exceed $30 billion, when factoring in developments by Italy’s ENI as well. While the foreign energy companies continue to conduct their investment due diligence over the course of 2018, …
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