Mozambique: Government approves five oil production concessions

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Mozambique: Government approves five oil production concessions

3:41 CAT | 27 Mar 2024

Photo: O País

The Mozambican government has approved five terms of concession contracts for oil production in the country, said the spokesperson for the Council of Ministers.

These are contracts relating to the Offshore Save (S6-A and S6-B) and Angoche (A6-G, A6-D and A6-E) areas, which have as concessionaires the Chinese state oil company CNOOC Hong Kong and the National Hydrocarbon Company (ENH), Filimão Suaze announced after the Council of Ministers meeting in Maputo on Tuesday.

“As part of the implementation of the mineral resources policy, the Government of Mozambique continued with actions aimed at seeking more investments for the oil sector,” Suaze said

In December 2022, the National Petroleum Institute announced the award of these blocks to CNOOC, as a result of the sixth licensing round for gas and oil prospecting, launched on November 25, 2021.

The sixth licensing round process covered 16 areas – five in the Rovuma basin, seven in Angoche, two in the Zambezi Delta and two in Save, an area totalling more than 92,000 square kilometres.

At the meeting, the Council of Ministers also approved the resolution ratifying the Compact II Financing Agreement for Mozambique, signed on September 21, 2023, in Washington D.C., United States of America, in the amount of 500 million USD.

Yesterday’s cabinet meeting also approved a regulation on fertiliser management, revoking Decree No. 11/2023 of 10 April. The regulation establishes the legal regime for the management of fertilisers circulating in the country, observing the principles of protecting public, animal and environmental health. The instrument applies to the registration, production, packaging, repackaging, storage, labelling, display, distribution, handling, donation, marketing, import, export, transport, transit, advertising, use and disposal of all fertilisers, by natural persons or collectives.

According to the statement from the Secretariat of the Council of Ministers, the Executive also approved the decree approving the regulation on General Health Supervision and Inspection Activities. The regulation establishes specific rules, principles and procedures.

Still in the same Session, the Council of Ministers assessed information on the situation of the 2023/2024 cyclone season, focusing on the impacts recorded as a result of the natural and anthropogenic phenomena that occurred.

It also assessed the cholera and hemorrhagic conjunctivitis epidemiological situation and attendant prevention and control measures, the report on Petitions, Complaints and Complaints in the Public Administration for the second half of 2023, and approved the United Nations Security Council Resolution on the situation in the Gaza Strip.

Source: Lusa / Carta de Moçambique