The African Energy Chamber (www.EnergyChamber.org) is in Mozambique this week on a working visit to meet with the country’s government authorities, representatives of the oil sector and local entrepreneurs and services providers. The Chamber will be advocating for sound local content policies and development and a broader push for gas monetisation in order to fight energy poverty and create jobs.
With the revised development plan for the Temane PSA now approved, and as Eni’s 3.4 mtpa Coral South FLNG and Total’s 12.88 mtpa Mozambique LNG projects move forward, Mozambique is set to become an African gas leader. While Mozambican gas exports are expected to benefit more than just South Africa moving forward, the monetisation of its gas at home is also set to unlock tremendous local value for Mozambicans.
The Chamber continues to firmly believe that gas monetisation stands to change the economic outlook of Mozambique and its people. Natural gas remains the best hope the country has to fight energy poverty, improve security and offer opportunities to young Mozambican women and men.
“The Chamber salute H.E. Filipe Nyusi, President of Mozambique, for providing an enabling environment for gas investors to make a play in Mozambique. The country has a unique opportunity to set new standards for the way Africans develop and monetise natural gas, and the Chamber will be once again expressing its support to all stakeholders for making this ambition a reality in the near future,” declared Nj Ayuk, Executive Chairman at the African Energy Chamber.
Distributed by APO Group on behalf of African Energy Chamber.