Mozambique’s National Institute of Petroleum NIP has launched the country’s ‘Sixth Licensing Round for the Concession of Hydrocarbon Exploration and Production Areas’, the regulatory authority says in a statement.
For this purpose, 16 new areas were defined, distributed by 4 distinct regions, five of which are located in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta, and two in Save, totaling more than 92,000 km².
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 2 years, as opposed to 3 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.
Those interested in taking part in the online bid launch ceremony, which opens at 10.00 am on 25 November 2021, can do so via the following links:
bit.ly/3r4g9sg or https://events.zoom.us/ev/APxkFsBDYTwnPPnPbIScbieIBFWyrMjp2BszP0KqkIlH6TNUoam6K50gP8cdkczra15n2UA
For any further information, please contact the National Petroleum Institute, Rua dos Desportistas Nº.259, Maputo City, on 21248300 or 839511000. You can also write to firstname.lastname@example.org for general questions and inquiries relating to the Sixth Round, please direct your questions to email@example.com