See also:
» 22.01.2010 - Mozambique to award gas tenders
» 08.10.2009 - Environmentalists condemn Mozambique's planned damming of Zambezi
» 22.05.2009 - Mozambique's refinery project hit by a cash setback
» 07.05.2009 - Electricity sectors in Angola and Mozambique ripe for investment, report
» 23.04.2009 - Mozambique signs $30 million deal for gas exploration
» 15.04.2008 - China invests $60 million in Mozambique
» 14.02.2008 - Mozambique cuts fuel prices
» 29.11.2007 - Mozambique takes over Cahora Bassa Dam











SQL/DB Error -- [Unknown table engine 'InnoDB']
Mozambique
Economy - Development

Major gas discovery off Mozambique

Gas discoveries off Mozambique's northern coast

© Anadarko/afrol News
afrol News, 9 February
- A US oil company has announced "a string of major deepwater natural gas discoveries off the coast of Mozambique." The discoveries believed to be are large enough to secure commercial use.

The Tubarao discovery well off the coast of northern Mozambique had encountered large quantities of natural gas pay "in a high-quality" reservoir that is separate and distinct from earlier offshore discoveries in the nearby Rovuma Basin, the US oil company Anadarko Petroleum Corporation announced.

"The discovery at the Tubarao prospect opens an entirely new play style, which has additional opportunities in Mozambique's Offshore Area 1," Anadarko Vice President Bob Daniels commented. "This is our fourth significant discovery in the offshore Rovuma Basin," he added.

While the discoveries are of a major size, there is still much work before a possible commercial exploitation of the gas reservoir at Tubarao could be considered. More discovery wells are to be drilled, the data are to be analysed and test drilling needs to be done.

Further, capital has to be raised for a possible gas platform to be installed at the deepwater discovery and for the needed infrastructure to receive and distribute the gas.

Mozambique is already a gas producer, but at a very limited level, with the country's significant onshore gas reserves being the first to be commercially exploited. Three major onshore gas fields have been discovered, but despite great energy needs in Mozambique and neighbouring South Africa, a large-scale production still has not been assured.

South Africa's Sasol and Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) are planning to invest in an increased onshore gas production at the Pande field in Mozambique's southern Inhambane Province, aiming at reaching nearby South African markets.

Recently, there have also been made major offshore discoveries of natural gas, with Ruvoma being the most significant so far. The large deepwater gas discovery in the Rovuma Basin was also made by Anadarko, only one year ago.


- Create an e-mail alert for Mozambique news
- Create an e-mail alert for Economy - Development news


 
    Printable version

On the Afrol News front page now


UN will not monitor human rights in Western Sahara

afrol News - The US has backed down on its demand that UN peacekeepers in Moroccan-occupied Western Sahara also shall monitor the human rights situation after Moroccan sources threatened to scale down relations with Washington.
Central African Republic
Central African Republic falling apart

afrol News - One month after the rebel movement Séléka took over power in the Central African Republic, unrest is spreading in the country. The new leader lacks control of his forces, which continue looting and abusing civilians.
Kenya
Kenyatta secures tight victory in Kenya

afrol News - The official election results in Kenya have finally been announced, and Uhuru Kenyatta managed to win the first poll round outright with a narrow 50.7 percent. But the main opponent, PM Raila Odinga, is filing a vote rigging complaint to the courts.
Cape Verde
Cape Verde to produce dragon fruit

afrol News - Cape Verde authorities have invested large sums to diversify the arid country's agricultural sector. Now, the dragon fruit, originating in tropical America, is being introduced for the first commercial production in Africa.
Egypt
Even governors in Pharaonic Egypt died in their 20s

afrol News - Researchers have analysed more than 200 mummies from ancient Egypt, finding that even high dignitaries were poorly nourished and had infectious diseases. The typical governor in Pharaonic Egypt died before he was 30 years old.



front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com