Mozambican company seeks market for gas in Angola

10 September 2015

A delegation of Mozambique’s Matola Gas Company (MGC) met Tuesday in Luanda with the Angolan Oil minister, with whom it analysed a collaborative proposal on the development of the company, according to the Angolan press.

Led by the former President of Mozambique, Joaquim Chissano, the delegation has been in Angola since Monday in search of a market for natural gas produced in Mozambique and to exchange knowledge of the oil and natural gas sector.

After the meeting with Minister Jose Botelho de Vasconcelos, Chissano stressed that the Matola Gas Company, which served only two industrial companies when it was established in 2004, currently has 38 clients.

“MGC currently has a power station and a centre for gas distribution in containers, which should get lower in number as the gas distribution network expands,” said Chissano.

The Matola Gas Company is a Mozambican company that is dedicated to transportation, distribution and sale of natural gas produced in Mozambique. Gas is used as a source of energy for several industrial units in Maputo province.

MGC’s share capital is divided into a stake held by the Mozambican state, through the state oil and gas company ENH and private Mozambican and foreign investors, in this case South African company Gigajoule International.

The company operates a natural gas pipeline of about 100 kilometres with a capacity of about 8 million natural gas gigajoules per year through an established concession agreement with the government of Mozambique for distribution to Maputo province. (macauhub/AO/MZ)