Mozambique announces sixth licensing round

Mozambique licencing roundMozambique has launched the sixth licensing round for 16 new areas in four distinct regions, five of which are located in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta and two in Save, totalling more than 92,000 sq km

This tender, which has a term of approximately 10 months from the launch date until the results are announced in October 2022, comes about three months after the approval of the new strategy of concession of areas for exploration and production of hydrocarbons, which provides the basis for ensuring continuous and systematic exploration of hydrocarbons in the Mozambique and Rovuma basins, promoting national and foreign investment, as well as reducing the time between the holding of public tenders for the concession of areas to two years, as opposed to three years under previous legislation.

“With this tender, we intend to assess the national petroleum potential and the resources discovered will be made available to society to drive Mozambique's socio-economic development,” said Carlos Zacarias, chairman of the INP.

The launching ceremony of the sixth round for the concession of hydrocarbon exploration and production areas will be addressed by the minister of mineral resources and energy, Ernesto Max Tonela, and will have as background the disclosure of the evaluation criteria and other relevant information for the pre-qualification of the bidders and consequent award of the 16 areas mentioned above. 

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