Mozambican capital to host international energy conference

21 May 2013

An international energy conference is due to be held Wednesday and Thursday in Maputo and will bring together oil and gas companies as well as from upstream and downstream sectors, namely transport and logistics, the Mozambican press reported.

Called Challenges of the Energy Industry (CEI), the conference, the opening of which will be hosted by Mozambique’s Prime Minister, Alberto Vaquina, will also take a transversal look at the energy industry and bring together the main companies in the sector in Mozambique.

The conference is organised by PSO MZ Design and will be attended by representatives of state company Empresa Nacional de Hidrocarbonetos, Electrotec (Visabeira group), KPMG, Powervia, TV Cabo, SPTEC Advisory, Intelec, Efacec, ENI, Odebrecht, Vale, Mozope, and the National Oil Institute, amongst others.

As well as Energy Minister, Salvador Namburete and representatives from the Ministries for Mining Resources, for Planning and Development and for Transport and Communications, the event’s organisers said that around 150 people representing institutions and companies from countries such as France, Italy, the United States, Canada, Portugal and Mozambique as well as from the Middle East, will also be in attendance.

So far, the operators of the two main blocks under exploration in the Rovuma basin – Area 1 and Area 4 – have announced the discovery of more than 100 trillion cubic feet of natural gas. Coal reserves in Mozambique, particularly in Tete province, are estimated at 13 billion tons.

“Mozambique now has enough gas reserves to supply Germany and France for around 20 years and coal reserves, at the current rate, could supply the European Union for about 25 years,” according to Roger Carvalho, chief executive of SPTEC Advisory. (macauhub)