Mozambique

MOZAMBIQUE SEEKS GREATER SHARE IN FUTURE GAS BLOCKS

Posted by admin on April 28, 2012 at 12:00 pm

(Reuters) – Mozambique plans to increase the maximum stake it holds in future oil blocks to up to 40 percent from a current maximum of 25 percent, the head of the national oil company said on Wednesday. Recent gas discoveries by U.S. oil and gas producer Anadarko Petroleum and Italy’s Eni have boosted interest in [...]