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Tag: Mozambique

Total declares Force Majeure on Mozambique LNG project

Force majeure is recognized under the Mozambique Petroleum Law, which provides that “petroleum operations rights holders may lawfully suspend performance of petroleum operations on account of a force majeure event” -...

ADB set to join landmark $20 billion Mozambique LNG financing

The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transformational...

New coach route connects Durban to Mozambique for the first time

They may be our neighbours, but reaching Mozambique is a difficult task for many South Africans – specifically those in Durban. However, the pain of commuting across the border has been strongly...

The longest suspension bridge in Africa just opened – here’s why it’s good news...

Mozambique has officially opened the Maputo–Katembe bridge – the longest suspension bridge in Africa. The bridge spans just over three kilometres (3,041 metres) across the Maputo Bay in southern Mozambique and will help connect the...

Could South Africa and Mozambique be the world’s next oil and gas hub?

If South Africa and Mozambique partnered to become one of the world’s biggest players in the oil and gas sector, this could create millions of direct and indirect jobs for both...

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Pick n pill prescription stopped

SUPERMARKET giant Pick n Pay has sold its retail pharmacy business to health and beauty retailer Clicks for an undisclosed sum. The deal will include...

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