FurtherAfricaAiteo to Build Modular Oil Refinery in Mozambique
The project signifies Mozambique's return to the refining market decades after the closure of its only existing refinery in Matola, which operated from the 1960s to the 1980s. It also
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The project will boost a capacity that far exceeds the country's current demand of 350,000 bpd of oil, leaving plenty of space for refined exports of refined products. In order to secure the output,
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- Will Mozambique build a crude oil refinery?
- The government of Mozambique has entered two strategic agreements that, if finalized, would result in construction of the country’s first crude oil refinery, as well as a grassroots pipeline for delivery of petroleum-based products from the southeast African coastal republic to neighboring Zambia.
- Will Mozambique build a natural gas pipeline?
- Targeted for commissioning within 4 years, the pipeline project would include construction of unidentified storage infrastructure in both Beira and Ndola, Chapo said. Alongside the grassroots refining and pipeline projects, Chapo also revealed the latest updates to Mozambique’s plans to support development of its natural gas resources.
- Will Mozambique offer new exploration blocks for oil and gas?
- Mozambique will offer around 12 new exploration blocks for oil and gas early next year, according to government officials. Although a number of gas fields in Mozambique were discovered in the early 1960's by Gulf Oil, they remained unexploited owing to continuing civil war and a lack of major gas consumers.
- How will oilmoz's new oil refinery work?
- The project will boost a capacity that far exceeds the country's current demand of 350,000 bpd of oil, leaving plenty of space for refined exports of refined products. In order to secure the output, Oilmoz signed a 30-year agreement with UK Shell Trading and Shipping Company, which has committed to buy 50% of the refinery's output.
- When did the Mozambique gas pipeline start?
- In 2001, The Petroleum Law was enacted and in 2004, The Mozambique South Africa Gas Pipeline opened. Mozambique launched its First Offshore Licensing Round on 31 March 2000, offering 14 blocks mainly in the Mozambique Basin covering the shallow and deep Zambezi delta area.
- Is Mozambique a good place to invest in oil & gas?
- Mozambique was not a country famous for its oil and gas industry, except for one gas producing project that exports to South Africa. However, recent discoveries have been made offshore and more international companies are drawn by the possibilities of investment in this industry.
