Anadarko Petroleum spent US$15 million on goods and services from Mozambican SMEs

14 November 2013

Anadarko Petroleum, which is prospecting for oil in northern Mozambique, has spent US$15 million this year to buy goods and services from small and medium sized Mozambican enterprises, the American group indicated on Wednesday in Maputo.

The amount should grow as demand for goods and services increases. It was distributed among the 100-odd companies involved in activities such as construction, transport, meal supply and other services in this phase of the group’s establishment in the country.

The AIM news agency reported that the information was revealed during a meeting to explain the Anadarko Mozambique project, which mainly addressed Mozambican SMEs interested in opportunities offered by that group.

The US group’s activities are concentrated in the Rovuma Basin, where 124 trillion cubic feet of natural gas have been discovered. Plans call for the exploitation process to begin in 2018.

Trade and Industry Minister Armando Inroga said at the meeting’s opening that SMEs account for more than 90 percent of all Mozambican companies and are thus crucial for competitiveness and promoting employment. (macauhub)