Mozambique Oil and Gas Profile
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Introduction

  • Mozambique is a country with no significant history of oil and gas industry, either upstream or downstream., except for one gas producing project that exports to South Africa. However, recent discoveries are starting to put the country on the map as far as the industry goes.
  • Primarily a number of major gas discoveries have been made offshore and plans existed to monetise these through investments in LNG Export terminals.
  • In addition there are plans for two oil refineries to be built in the country.

Regulation

  • The Instituto Nacional de Petróleo (INP) is authorised to manage the petroleum resources of Mozambique and administer the related operations for the benefit of the Society, and in compliance with the existing laws, government policies and contractual commitments.
  • The sector is governed by the Petroleum Law No. 3 /2001 which provides for three types of contract:
    • Reconnaissance Contract: Maximum two years exclusivity.
    • Exploration and Production Contract: Exploration period maximum 8 years. Production period maximum 30 years.
    • Pipeline contract: Period depends on the project.

History

  • 2001 - The Petroleum Law was enacted
  • 2004 - The Mozambique South Africa Gas Pipeline opened
  • 2005 - The Second Mozambique License Round was launched
  • 2006 - The Second Mozambique License Round was Completed, with Anadarko & Wentworth winning concessions
  • 2007 - The Third Mozambique License Round was launched
  • 2008 - The Third Mozambique License Round was Completed, with Sasol & OSHO Consortium winning concessions
  • 2009 - The Fourth Mozambique License Round was launched
  • 2010 - The Fourth Mozambique License Round was Completed, with 7 companies winning concessions

Upstream

  • The main gas producing areas are Pande Gas Field, discovered in 1961, with 2.7 TCF of reserves and Temane Gas Field, discovered in 1967, with 1.0 TCF of reserves.
  • There are two other proven fields, Buzi Gas Field and Inhassoro Gas Field
  • These fields were initially not exploited due to the lack of opportunities to sell the gas

Active Companies

  • Anadarko is the operator of a 2.6-million-acre Offshore Area 1 with a 36.5-percent working interest. Co-owners in the area are Mitsui E&P Mozambique Area 1, Limited (20 percent), BPRL Ventures Mozambique B.V. (10 percent), Videocon Mozambique Rovuma 1 Limited (10 percent) and Cove Energy Mozambique Rovuma Offshore, Ltd. (8.5 percent). Empresa Nacional de Hidrocarbonetos, E.P.'s 15-percent interest is carried through the exploration phase.
  • Statoil has a 90% interest in and the operatorship for blocks 2 and 5 in the Rovuma basin off northern Mozambique.
  • Wentworth Resources is an independent oil and gas company with gas production and a committed exploration programme in the Rovuma Basin of southern Tanzania and northern Mozambique.

Crude Oils

  • The are currently no crude oils being produced, but small volumes of condensate are being produced

Midstream

LNG

  • Anardarko and partners have discovered considerable quanitites of offshore natural gas. They are considering an LNG Project to monetise it.
  • ENI and partners are also planning to build the Mozambique Eni Lng Terminal to monetise large gas reserves they have found offshore

Downstream

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