Mozambican gov’t discloses natural resource exploitation contracts

7 January 2014

The Mozambican government has announced via its National Resources Ministry (MIREM) details of seven concession contracts for the exploitation of natural resources in the areas of oil, gas and mines.

Regarding petroleum, associated to northern Mozambique’s Rovuma Basin, the government disclosed contracts signed with America’s Anadarko Petroleum Corporation (area 1), Malaysia’s Petronas (areas 3 and 6) and Italy’s Eni (area 4).

The area is considered to hold the world’s second biggest natural gas reserves and counts six prospecting and extraction areas off the shore of Cabo Delgado province. The contract signed with Norway’s Statoil (areas 2 and 5) remains to be disclosed.

The concession contract for the onshore exploitation area in Cabo Delgado province, led by Anadarko, is not yet available for public consultation.

MIREM’s website has also posted the concession contract for the Sofala bloc off the coast of that province. It was signed with the Mauritius-based Sofala Offshore Limited.

Regarding mines, the Mozambican authorities have released the contract signed with Ireland’s Kenmare Resources to exploit heavy sands at Moma, Congolone and Quinga in the northern province of Nampula.

Regarding gas extraction, two agreements signed with South Africa’s Sasol have been released. They concern the Pande, Temane and onshore bloc A deposits in the Mozambique Basin in the south.

The agreement to exploit the gas pipeline linking the Inhambane region to South Africa, built and operated by Sasol, can also be consulted on the MIREM website (www.mirem.gov.mz).

Contracts for the coal exploitation area have not yet been posted. But in a recent press release the ministry indicated that it would continue to request a waiver of the confidentiality clause from companies that signed agreements with the government before 2011.

Disclosure of the contracts takes place in the scope of the government’s commitment to make information about activity in the extraction industry public, as set out in the Law on Public/Private Partnerships, Megaprojects and Business Concessions, which envisages the publication of all contracts signed after 2011. (macauhub)

MACAUHUB FRENCH