Mining & Energy
Construction of gas pipeline between Mozambique and South Africa unlikely - Fitch Solutions
Ana Comoana. Photo: O País
Mozambique’s government approved on Tuesday the creation of a new oil and mining authority to guarantee “the permanent and efficient monitoring of activities in compliance with the law”, the cabinet’s spokesperson Ana Comoana said.
The Inspectorate-General of Mineral Resources and Energy is to have administrative and technical autonomy and focus on five issues: mining inspection, hydrocarbon and fuel, energy, internal audit and rescue.
“We want to prevent illegal extraction, trade and export of oil and mining products”, the spokesperson said.
Over the last couple of years, Mozambique has been focused on hydrocarbon prospecting, following the discovery of large gas and coal reserves.Source: Lusa
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