12 °c
London
Saturday, January 28, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Reuters: Russia’s Rosneft plans to open Mozambique office – diplomat

FurtherAfrica by FurtherAfrica
July 13, 2017
in Africa, Commodities, Diplomacy, Economy, Energy, FDI, Gas, Mozambique, Natural Resources
Reading Time: 1 min read
1.1k 23
0
Reuters: Russia’s VTB says ready for “dialogue” over Mozambique debt restructuring
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat said, a further sign that the Russian oil major is eyeing oil and gas deals in Africa.

Mozambique’s Ambassador to Russia Mario Saraiva Ngwenya also told Reuters that Mozambique expected to sign by the end of the year an agreement on the development terms of blocks that Rosneft and ExxonMobil were awarded in 2015.

“In the next few weeks there is a delegation from Rosneft visiting Maputo. Rosneft is preparing, planning to open an office in Mozambique,” he said.

In 2015 Mozambique awarded Rosneft and Exxon three contract areas: A5-B in the Angoche Basin as well as Z5-C and Z5-D in the Zambezi Delta.

“The government of Mozambique is in a negotiating process with Rosneft. We expect to sign a public agreement on terms of development of those blocks before the end of 2017,” the ambassador said.

Mozambique, which has been in the throes of a debt crisis, has large untapped natural gas reserves and has historically had close ties with Russia.

Rosneft, the world’s largest listed oil producer by output, is trying to increase its gas output and has global ambitions as the Kremlin’s energy champion.

In 2015, Rosneft said that liquefied natural gas (LNG) exports would be a primary development case if gas discoveries were sufficient in Mozambique.

Rosneft Chief Executive Igor Sechin worked as a Soviet translator in Africa, according to former classmates and fellow Soviet translators.

Rosneft declined comment when contacted by Reuters.

Source: reuters

Related

Tags: Angoche BasinArea A5-BArea Z5-CArea Z5-DExxonMobilIgor Sechinliquefied natural gasLNGMario Saraiva NgwenyaMozambiqueMozambique Ambassador to RussiaRosneftRosneft Chief ExecutiveRussiaZambezi Deltaモザンビーク莫桑比克
ScanSendShare459Tweet287Share80Pin103Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Travel

Victoria Falls Devil’s Pool – Thrilling or Dangerous?

by See Africa Today
January 28, 2023
Diplomacy

Malawi and European Union hold political dialogue

by Fabio Scala
January 28, 2023
Energy

Mozambique’s Cahora Bassa production neared 16000 GWh in 2022

by Club of Mozambique
January 28, 2023
Aid

Renewvia launches joint venture with Okapi Green Energy Ltd. to deliver clean and affordable energy to Kenya’s refugees

by Rafael Carvalho
January 27, 2023
Stimulus package to boost Mozambique shipping sector
Economy

Stimulus package to boost Mozambique shipping sector

by Elizabeth Khumalo
January 27, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Travel

Victoria Falls Devil’s Pool – Thrilling or Dangerous?

by See Africa Today
January 28, 2023
0

Zambia has a lot to offer tourists. This southern African country boasts of state-of-the-art lodges, parks and magical sceneries such...

Read more

Malawi and European Union hold political dialogue

January 28, 2023

Mozambique’s Cahora Bassa production neared 16000 GWh in 2022

January 28, 2023

Renewvia launches joint venture with Okapi Green Energy Ltd. to deliver clean and affordable energy to Kenya’s refugees

January 27, 2023
Stimulus package to boost Mozambique shipping sector

Stimulus package to boost Mozambique shipping sector

January 27, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 99,631 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?