AOP partners investment groups to host 2021 energy event

Africa Oil & Power has brought together an alliance of investment groups and natural gas advocates for its Mozambique Gas & Power 2021 event in March next year.

This week, the conference confirmed the Mozambican Oil & Gas Chamber as a key partner, joining the Ministry of Mineral Resources and Energy and the African Energy Chamber as leading partners of the event.

“Mozambique’s natural gas is a resource that can support massive growth in our economy and has already successfully brought global investment into our country. Mozambique is actively creating the enabling environment for investment in all sectors of the economy, with our natural gas reserves as a foundation and catalyst for local capacity building.

“This will give investors the confidence they need to join with us to build a stronger economy as we emerge from COVID-19,” said Florival Mucave, Chairman of the Mozambican Oil & Gas Chamber.

The chamber was established in January 2020 with a mandate to build industry networks and support national companies, in large part through training, certification, knowledge transfer and technology. It will also set up a platform to assist companies in providing goods and services in Mozambique.

The 2021 event will take place on March 8-9 in Mozambique under the theme, ‘Leveraging LNG: Building a Prosperous Mozambique.’

Home to Africa’s largest-ever foreign direct investment project, Mozambique LNG, the nation is set to be transformed by its natural gas finds and their development. In addition to Mozambique LNG (operated by Total), additional production and processing projects, Rovuma LNG (led by ExxonMobil and Eni), and Coral FLNG (led by Eni) are underway, with the Coral floating LNG unit expecting the first production in 2022.

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