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The government of Mozambique has announced the launch
of a fourth round of bidding for licences to mine onshore oil and gas resources
in the country, Reuters has reported. This next round of bidding is expected to
last 6 months. The bid evaluation will begin in May next year, and it is
expected that the licenses will be awarded in September of the same year.
Consortium approves
first stage of Benga coal venture in Mozambique:
The
consortium developing a US$ 270 million coal mining project at Benga in
Mozambique’s Moatize province has approved the first phase of the undertaking,
the Noticias newspaper reported.
South
Africa's Engen invests in Mozambique
The
consortium comprises Riversdale Mining of Australia, with a 65 percent stake,
and India’s Tata Steel, with a 35 percent shareholding. The companies expect to
produce 5.3 million tons of coal in the first stage of the joint venture,
providing 1.7 million tons of high-quality coking coal and 300,000 tons of
export thermal coal.
South African oil company Engel has invested US$ 1.6 million to build a service
station in the city of Xai-Xai, capital of Mozambique's Gaza province, in
partnership with local firm Osman Adamo, the Noticias newspaper reported.
The service station comprises fuel pumps and a convenience store and operates
24 hours daily employing 24 locals.
Engen plans to open another six service stations across Mozambique in the
coming year. Xai-Xai was favored by Engen for its strategic location and good
business potential.
Mozambique
to launch 3rd mobile international tender in December (Update 1)
The
Mozambique government will finally launch an international tender for a third
mobile phone licence in December, after delays amidst complaints from the two
existing mobile wireless operators, a government official said.
A third operator was due to be licensed in Mozambique by June this year, but
the awarding of the license was delayed amidst opposition from Mcel, a state
owned company and South Africa's Vodacom (VODJ.J), which is owned by Vodafone
(VOD.L).
The tender was put on hold in April, while the Mozambique National Institute
for Telecommunication (INCM) had renewed negotiations with other parties in the
country's telecom industry.
