Structural changes in the global natural gas market, marked by the entry of new producers and exporters, should not stop Mozambique from preparing its entry into this market, said Wednesday in Maputo president of state oil and gas company ENH.
Omar Mitha, cited by Mozambican news agency AIM, said the market is going through a period marked by a relative excess of supply compared to demand, but added that statistics show that demand and energy consumption will increase, with some countries that want to exchange more polluting energies with other cleaner options, specifically natural gas.
Mitha was speaking on the sidelines of the opening session of the 5th edition of the Mozambique Mining, Oil and Energy Conference (MMEC) in Maputo, which brings together several experts from Mozambique and abroad to share experiences and views on the future of the Mozambican energy sector.
Organised by AME Trade in partnership with ENH and the Geological Mining Association of Mozambique with the support of the Ministry of Mineral Resources and Energy, the event provides a platform for a deeper dialogue between regulators, investors and experts from the energy industry to promote the sustainable use of Mozambique’s resources. (macauhub/MZ)