Mozambique’s National Oil Institute and the Tanzania Petroleum Development Corporation have signed a cooperation agreement concerning the interchange of technical data, reports and other relevant information on the hydrocarbons sector.
The respective announcement indicates that the agreement signed by the Mozambican and Tanzanian government institutions also covers management and organisation of databases and possible cooperation in joint implementation of projects, training and assessment of natural resources.
In recent years large quantities of gas have been discovered in both countries, in the Rovuma sedimentary basin.
On the Mozambican side, operations by the Italian ENI and American Anadarko Petroleum groups have discovered more than 150 billion cubic feet of gas in the last few years.
Plans have been announced to begin exploiting those reserves in early 2018; they may make Mozambique a global reference producer of natural gas.
Natural gas is currently only exploited for South Africa via a gas pipeline linking the Pande and Temane region in Inhambane to the Secunda region. Its main operator is the Sasol petrochemical group.
In Mozambique major hydrocarbon prospecting and research work is still under way. The top concentration areas are the Mozambique and Rovuma sedimentary basins, where it is believed that besides natural gas, oil may also be present. (macauhub/MZ)