Mining & Energy
Zambia says it owes Mozambique US$53M in electricity imports, not US$70M
U.S. oil company Anadarko is contracting services for demarcation and land preparation as part of the natural gas exploration project in Rovuma Basin Area 01 in northern Mozambique, although the company has not yet announced the final investment decision.
The invitation to interested parties concerns the demarcation, regularisation of rights, cleaning and preparation for agriculture of 2,262 hectares of land.
Exporting natural gas from the Rovuma Basin entered the final stretch last week. A consortium led by Italian oil company Eni announced its final investment decision on Thursday June 1 and launched the development phase of the Coral Sul project, estimated at US$8 billion (EUR 7.1 billion).
Underwater natural gas extraction is expected to start in 2022.
U.S.-based Anadarko Petroleum plans to investment US$15 billion (EUR 13.34 billion) in Cabo Delgado, but the final investment decision (FID) has not yet been announced.
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