May 2018

Mozambique Oil & Gas: Regulations and Opportunities

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Mozambique has being recently placed among the global major players in the oil & gas sector. This new position is due to significant natural gas discoveries in the country’s northern Rovuma Basin. Despite having activity in the hydrocarbons sector for many decades, just in 2012 these massive offshore started to transform Mozambique’s reality. They added ambitious expectations to the country to become a key player in the LNG global market. Some optimistic reports project that Mozambique will emerge as the third-largest exporter of LNG within the next decade, holding one of two largest natural gas reserves in Africa and one of the seven largest in the globe, with estimated 200tcf.

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