Hidden debts: The government will be judge of the Constitutional Council ruling - Fitch
Photo: O País
The Pemba Logistics Base (BLP) in Cabo Delgado province, northern Mozambique, is expected to be able to receive ships in January 2019, said the operational director at Portos de Cabo Delgado.
José Daúde, quoted by Rádio Moçambique, said that the construction of a 375-metre pontoon, a warehouse and the fencing of a 13-hectare plot of land are part of the first phase of the project, whose cost is estimated at US$150 million.
The project was formally launched in October 2014, scheduled for completion in the second half of 2016 but its construction was interrupted due to doubts as to its use by companies involved in natural gas projects.
The consortia led by Italy’s ENI and US-based Anadarko Petroleum groups have already expressed their intention to use their own infrastructure to build in the district of Palma, some 400 kilometres from Pemba, for their natural gas exploration operations, putting the viability of BLP into question.
The president of Mozambican national oil and gas company ENH, Omar Mithá, speaking at the Local Content Conference in the Oil and Gas sector in Mozambique, at the end of October in Cabo Delegado, underlined that BLP will keep the special rights it has in the Rovuma basin, including exclusivity over an extensive area where the facility will be located.
Portos de Cabo Delgado (PCD), made up of state-owned ENH and port and railk manager CFM, is the entity that holds the right to manage the port, logistics terminals and the waterfront in Palma and Pemba.Source: Macauhub