The African Energy Chamber is in Mozambique this week on a working visit to meet with the country’s government authorities, representatives of the oil sector and local entrepreneurs and services providers.
The chamber will be advocating for sound local content policies and development and a broader push for gas monetisation in order to fight energy poverty and create jobs.
With the revised development plan for the Temane PSA now approved, and as Eni’s 3.4 mtpa Coral South FLNG and Total’s 12.88 mtpa, Mozambique is set to become an African gas leader.
While Mozambican gas exports are expected to benefit more than just South Africa, the monetisation of its gas at home is also set to unlock tremendous local value for Mozambicans.
The AEC said it had continued to “firmly believe that gas monetisation stands to change the economic outlook of Mozambique and its people.”
“The chamber salute Filipe Nyusi, President of Mozambique, for providing an enabling environment for gas investors to make a play in Mozambique. The country has a unique opportunity to set new standards for the way Africans develop and monetise natural gas, and the chamber will be once again expressing its support to all stakeholders for making this ambition a reality in the near future,” said Executive Chairman at AEC, Nj Ayuk.
