Mozambique to launch next oil and gas licensing round

CAPE TOWN Nov 1 (Reuters) – Mozambique, which has vast offshore gas reserves, will hold its sixth round of oil and gas licensing round late in 2017 or in 2018, a government official told an industry conference on Tuesday.

Augusto Macuvele, a senior official with Mozambique’s National Petroleum Institute, provided few details about the rounds in the presentation at the Africa Oil Week conference in Cape Town.

Credit: CNBC Africa