November 6, 2019 / 8:33 AM / 12 days ago

Mozambique sees new oil and gas bidding round in 2020

CAPE TOWN, Nov 6 (Reuters) - Mozambique’s Institute for National Petroleum expects to launch its next oil and gas bidding round in the first half of next year, a presentation showed on Wednesday.

Massive gas finds in the Rovuma and Mozambique basins have seen the impoverished southern African nation emerge as a new global liquefied natural gas exporter as oil majors, including Total and ExxonMobil, move towards production. (Reporting by Wendell Roelf; editing by David Evans)

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