Mozambique’s natural gas exports doubled this year to approximately 115.4 million gigajoules, announced Tuesday the Mozambican minister of Mining Resources and Energy, Pedro Couto.
Opening the I Coordinating Council of the Ministry of Mineral Resources and Energy, held Tuesday and Wednesday, the minister also said that natural gas production increased by 8% but added that the fall in prices on world markets may come to commit exploration activities in the country.
Couto, cited by Mozambican news agency AIM said that negotiations were underway to start the development of natural gas reserves discovered in the Rovuma basin and production is expected to start between 2020 and 2021.
The Minister was informing the members of the Coordinating Council carrying out exploration and research in the various concession blocks as well as monitoring oil activities.
The chairman of Mozambican state oil and gas company ENH, Omar Mitha said recently that oil companies operating in Mozambique would invest US$31 billion in the coming years to begin exploration of the natural gas reserves discovered in the north of the country. (macauhub/MZ)