africa Economy Energy FDI Finance Gas Infrastructure Mozambique Natural Resources oil

China CNPC and Mozambiquye ENH sign cooperation framework agreement

On May 18 in Beijing, in the presence of Chinese President Xi Jinping and Mozambique President Filipe Nyusi, CNPC Chairman Wang Yilin and Omar Mitha, Chairman of Mozambique’s national oil and gas company ENH, signed a cooperation framework agreement between CNPC and ENH.

Under the agreement, the two sides will reinforce cooperation in oil and gas exploration and production, and natural gas processing and marketing. Specifically, CNPC will actively participate in Mozambique’s E&P projects, promote cooperation in gas field services, and cultivate technicians and managerial talents for Mozambique’s oil industry.

CNPC has been participating in offshore gas E&P projects in Mozambique since 2013. Block 4 is CNPC’s first ultra-deep subsea natural gas and LNG project in East Africa, and the largest individual project of Chinese enterprises in the country. Also, CNPC is actively involved in oilfield services and engineering construction projects in Mozambique, such as geophysical prospecting, pipeline construction, project contracting, and equipment supply.

On the following day, President Filipe Nyusi paid a visit to CNPC headquarters, and had a meeting with Wang Yilin to exchange opinions on deepening oil and gas cooperation.
Source: CNPC

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