Browsing: exploration of hydrocarbons

Hydrocarbons: Mozambique and Tanzania are open to cooperation – Domingo.

Tanzania is not immune to the unrest afflicting northern Mozambique, which has occasionally spilt over the border, so any decision to push ahead with the onshore project will also be made regarding the security situation.

According to the Jornal Domingo online reports, President Filipe Nyusi said it is necessary to exploit the advantage of the countries being neighbours, especially concerning the negotiation of contracts for the exploitation of hydrocarbons. This item is, in fact, one of the great weaknesses of the States.

Mozambique will be the first of the two countries to export liquefied natural gas, which should happen in the coming days, through the Coral Sul offshore project, in Area 4 of the Rovuma Basin, concludes the ‘Domingo’ online report.

According to figures from the Observatory of Economic Complexity (OEC), a global data visualization tool for international trade, as of 2020, Tanzania exported US$114 in Crude Petroleum, making it …