Maputo – Mozambique’s parliament has passed an amended petroleum law that will allow the government to issue new gas and oil exploration licences but it also requires investors to partner with the state oil firm, the mineral resources minister said on Friday.
The revised law will come into effect by the end of the year and bidding rounds for concessions would be held in the coming months, oil sector officials said.
US oil major Anadarko Petroleum Corp and Italy’s Eni are developing multi-billion-dollar liquified natural gas (LNG) export projects in Mozambique’s northern offshore Rovuma basin…
South Africa Today Africa – Southern Africa Mozambique News
