Portugal's Galp Energia , a partner in an Exxon Mobil-led gas consortium in Mozambique, will not invest in onshore plants there until authorities guarantee security and social stability, which may take time, CEO Andy Brown told Reuters.
Sergio Goncalves 3 days ago
Miner Vale SA will settle in advance liabilities of around $2.5bn related to the project finance for the Nacala logistic corridor (CLN) that serves a coal mine in Mozambique, the company said in a securities filing on Tuesday.
Marta Nogueira 9 Jun 2021
Mozambique on Monday, 31 May, began construction of gas-to-power plant and transmission line projects worth $1bn in the southern province of Inhambane as the government aims to boost energy supply.