African Energy Chamber and Mozambican Oil & Gas Chamber Agree to Work on Local Content Development

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Mozambique is on its way to becoming a global gas market and competitive African energy frontier. Multi-billion-dollar LNG projects under construction, including Coral South FLNG and Mozambique LNG. The African Energy Chamber has signed a cooperation agreement with the newly-established Mozambican Oil & Gas Chamber. Both institutions have agreed to join their resources and efforts in order to support technology transfers, attract investments across the value chain and promote joint-venture and partnerships between local companies and regional and international firms. The agreement aims to support the development of local content and the attraction of investments into key segments of the country’s energy industry.

Data Source: African Energy Chamber

TOA Correspondent

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