Petroleum Africa
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Friday, November 29, 2013
Mozambique is planning a new licensing round for 2014. Its fifth oil and gas round, for mainly offshore acreage, is just waiting for parliament to pass an amended petroleum law.
“If it is likely that this year the law is approved, it is likely we will have the bidding round sometime next year,” said Jose Branquinho, resource assessment director at the National Petroleum Institute (INP). He told Reuters on the sidelines of an African oil and gas conference that INP, Mozambique’s regulatory authority for petroleum activities, was looking at blocks in the deepwater Rovuma Basin as well as offshore Mozambique’s Zambezi Delta and Beira High regions.
He also said that other areas under consideration after the fifth licensing round included the offshore Zambezi to Rovuma and the South Mozambique basins.
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