Mozambique to issue oil and gas tenders

Mozambique will
solicit bids for oil and gas exploration from international firms
within the next two years, a senior government official said at the
weekend.

“Once every two
years, we float international tenders to invite foreign firms to come
and search for hydrocarbons in Mozambique,” Mario Marques, an adviser
to the southern African nation’s minister of mineral resources told
Reuters.

Mozambique last
issued an international tender in October 2009 for exploration of the
central province of Sofala including the Inhaminga block covering the
districts of Cheringoma, Caia Park and Maringue. The resource-rich
former Portuguese colony has major proven gas reserves, but does not
have the technical and financial capacity to exploit them.

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