AGP Executive Report
Last update: 6 hours agoLNG Investment: Mozambique’s export ambitions are gaining pace, with ExxonMobil expected to decide in the coming months on its $30 billion Rovuma LNG project, designed to produce 18.6 million tonnes a year. Power & Gas Links: ENH is seeking partners for a $250 million pipeline to connect offshore gas to regional markets by 2030 or 2031. Separately, EDM and Karpowership have revived plans for a 415MW gas-fired floating plant in Maputo Bay, pending an environmental licence. Port Services: Oceania Bunkering has launched pipeline fuel services at Beira, Nacala and Pemba, aiming to reduce vessel delays. Local Industry: Helios plans to buy up to 49% of Merec, Mozambique’s largest flour miller, to support its growth. Business Finance: Six banks have signed on to Mozambique’s $120 million Mutual Guarantee Fund, designed to widen credit access for small businesses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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