Skip to content
Menu
Menu

Mozambique signs an energy cooperation agreement with CNPC

The deal will see the state-backed Chinese enterprise form a close working relationship with Mozambique’s national energy company.

ARTICLE BY

PUBLISHED

The deal will see the state-backed Chinese enterprise form a close working relationship with Mozambique’s national energy company.

ARTICLE BY

PUBLISHED

UPDATED: 21 Dec 2023, 11:27 pm

A cooperation framework agreement has been inked between Mozambique’s national energy company, Empresa Nacional Hydrocarbons (ENH), and the China National Petroleum Corporation (CNPC).

China-Lusophone Brief reports that the signing took place recently in Maputo and commits CNPC and ENH to deeper cooperation in both the oil and gas sectors.

Dai Houliang, the chairman of CNPC, said he was confident that the new agreement was an important contribution to the development of Mozambique’s energy industry.

[See more: Angola secures massive international loan to expand solar network]

Meanwhile, Mozambique’s President Filipe Nyusi told a mining and energy conference in Maputo on Wednesday that Mozambique wanted to take advantage of the current high prices of LNG and the global shift towards cleaner sources of energy.

He reiterated that it was safe to restart work at Total’s Cabo Delgado liquefied natural gas (LNG) project, where production was halted in 2021 after rebel attacks on civilians.

“The working environment and security in northern Mozambique makes it possible for Total to resume its activities any time,” Nyusi said.

 

UPDATED: 21 Dec 2023, 11:27 pm

Send this to a friend