Via Al Monitor, a report on UAE’s ADNOC’s plans to invest in Mozambique’s natural gas in its first African foray: Abu Dhabi National Oil Company has made its first foray into Mozambique after acquiring a 10% stake in Galp’s Area 4 natural gas concession in the southern African country’s Rovuma basin, the state-run UAE energy […]
Read more »Via China Strategy, a report on China’s interest in African ports via a renewed diplomatic push” On March 23, the ships arrived in Dar es Salaam, Tanzania, for a five-day stopover before heading to the port of Maputo in Mozambique on April 1 for another five-day tour. While in Tanzania, representatives visited the Dar es […]
Read more »Courtesy of The Economist, a report on the economic and environmental impact of China’s overseas fishing fleets: “The foreman woke us up by hitting us,” said the sailor. For the next 20 hours, on a typical day, the bleary-eyed crew would be hauling up fishing nets. If sharks got entangled they would hack off their fins, […]
Read more »Via Bulk Materials International, a report on infrastructure plans aimed at expanding Mozambique’s coal exports: Several years after the project was shelved, Thai Moçambique Logistica (TML) has revived its plan to build a new coal port at Macuse near the mouth of the River Zambezi in Mozambique. Interest in the country’s coal industry seemed to […]
Read more »Via Engineering News, a report on Mozambique’s plans for its natural gas export earnings: Mozambique’s council of ministers approved a decree for the nation’s new sovereign wealth fund legislation, governing how one of the world’s poorest nations spends earnings from an estimated $91.7-billion in natural-gas exports in the coming decades. Introducing the law was a key […]
Read more »Via Bloomberg, an article on attempts to restart Mozambique liquefied natural gas project: Continent’s biggest project financing raised about $15 billion Site is under force majeure because of Islamist insurgency Lenders to TotalEnergies SE’s Mozambique liquefied natural gas project are weighing the release of billions of dollars in funding as the company plans to resume construction […]
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