AGP Executive Report
Last update: 4 hours agoRovuma LNG Momentum: ExxonMobil Moçambique awarded about $1.1bn in pre-investment contracts for Rovuma LNG Phase 1, covering long-lead subsea systems, valves and offshore line pipe feeding the 18.6 mtpa Afungi onshore complex. LNG Supply Chain: Corinth Pipeworks won a $200–250m Rovuma LNG linepipe contract (about 250 km / 120,000 tonnes) to be manufactured in Greece, reinforcing Mozambique’s role in major offshore gas infrastructure. Fuel Security Corridor: CPMZ will expand the Beira–Feruka pipeline via new pumping stations in Nhamatanda and Messica, lifting capacity from 3m to 5m cubic metres annually by end-2027 to strengthen diesel, petrol and jet fuel supply across Southern Africa. Industrial Policy & Governance: Frelimo urged stronger measures against Islamist terrorism in Cabo Delgado and pushed anti-corruption actions, while President Chapo called for concrete steps on hunger, unemployment, health, education and agriculture. Energy Taxes: Sasol says it paid over $670m in taxes to Mozambique over 11 years from Pande, Temane and Inhassoro fields. Regional Trade & Diplomacy: Tanzania’s high commission in Maputo highlighted commercial diplomacy support for Tanzanian firms entering Mozambique.
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