The Energy Year Mozambique 2020

Download or read book The Energy Year Mozambique 2020 written by The Energy Year and published by The Oil & Gas Year Limited. This book was released on 2020-09-25 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Following the discovery of natural resources, Mozambique has a unique opportunity to achieve its objectives that focus on social development and infrastructure development, as well as to overcome its dependence on foreign donor aid.” Estêvão Pale, CEO and Chairman, ENH The Energy Year Mozambique 2020 arrives at a crucial moment. With the country’s energy industry stimulated by the signing of a USD 20-billion FID for the Mozambique LNG project, the recent acquisition of 3D PSDM seismic data, preparations for a sixth bidding round and governmental approval of key power projects, Mozambique is on the verge of an energy revolution that will foster economic and social sustainability. “Considering the resource base of the country in areas 1 and 4, we do expect to see additional FIDs.” Carlos Zacarias, President of the National Petroleum Institute (INP) The Energy Year Mozambique 2020 also highlights the key role of Electricidade de Moçambique (EDM) in strengthening domestic and regional electricity supply under the nationwide ProEnergia initiative. Produced in partnership with ENH and INP, this third edition of The Energy Year's (formerly TOGY) Mozambique series provides insight to investors and companies looking at strategic opportunities in the country as it gears up ahead of first gas production in 2022.