Maputo, 21 Aug (AIM) – The Mozambican authorities are considering the possibility of launching a seventh hydrocarbon exploration and production tender, aiming to guarantee the licensing of areas that could be profitable for this purpose.
According to the Minister of Mineral Resources and Energy, Carlos Zacarias, this action also aims to generate solutions that respond to the current global challenge of the energy transition to environmentally friendly sources.
The debate on the possibility of a new call for investors in the oil and gas sector is taking place at a time when the National Petroleum Institute (INP) is still clarifying the contracts of the consortia that won the sixth tender, for later approval by the government.
The winning companies in this tender are ENI-Mozambique, a subsidiary of the Italian energy company ENI, which will operate in the A6-C area, in Angoche, off the coast of the northern province of Nampula, and CNOOC Hong Kong Holding Limitada, which will work in A6-D, A6-E, A6-G in Angoche, as well as S6-A and S6-B, in Save, which lies between Sofala and Inhambane provinces.
“Negotiations are almost at an end and we hope that by the end of this year the contracts will be presented to the government for approval so that activities can begin”, the minister said.