hot sale oil refinery rust in mozambique

                                               
                                               
                                               
                                               
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  • Is Mozambique a good place to invest in oil & gas?
  • Mozambique was not a country famous for its oil and gas industry, except for one gas producing project that exports to South Africa. However, recent discoveries have been made offshore and more international companies are drawn by the possibilities of investment in this industry.‌
  • Can natural gas be used in Mozambique?
  • The further discovery of large reserves (estimated at more than 60 bcm) of commercially exploitable natural gas in the Pande gas field in Inhambane province and the possibility of utilising natural gas in regional industrial growth has brought renewed interest in Mozambique’s upstream prospects by foreign oil companies.‌
  • Will Mozambique become a major liquified natural gas exporter?
  • Over the coming decade Mozambique is expected to become a major liquified natural gas (LNG) exporter due to the discovery of over 180 trillion cubic feet (TCF) of natural gas reserves in the Rovuma basin in the north of the country.‌
  • Are there any oil refineries in Africa?
  • There are no active refineries, but there are two projects being considered, the Oilmoz Refinery Project and the Ayr Petro Nacala Refinery Project. Malawi, Zimbabwe and Mozambique are planning a joint fuel refinery in Mozambique with a capacity of 10,000 bpd. The project is to be funded by the Iranian government.‌
  • Who owns the oil industry in Mozambique?
  • Petromoc is the state owned oil company and controls the major market share. Other companies involved in the industry include BP, ExxonMobil and Caltex. There are three ports in Mozambique – Maputo, Beira and Nacala. There is an existing pipeline between Beira and Harare.‌
  • How much does SASOL’s oil & liquefied gas project cost?
  • Additionally, Sasol is developing an integrated oil and liquefied petroleum gas project adjacent to its existing petroleum facility, this project is valued at over $700 million. The project includes 13 wells and a liquid propane gas (LPG) production facility at an estimated cost of $1.4 billion.