https://en.sputniknews.africa/20250630/africas-energy-drive-reflects-its-growth-potential-oil-and-gas-expert-says-1074894631.html
Africa's Energy Drive Reflects Its Growth Potential, Oil and Gas Expert Says
Africa's Energy Drive Reflects Its Growth Potential, Oil and Gas Expert Says
Sputnik Africa
With 75 trillion cubic feet of offshore natural gas reserves in the Rovuma Basin and a new refinery project underway, Mozambique is positioning itself as a... 30.06.2025, Sputnik Africa
2025-06-30T17:28+0200
2025-06-30T17:28+0200
2025-06-30T17:28+0200
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Africa's Energy Drive Reflects Its Growth Potential, Oil and Gas Expert Says
Sputnik Africa
With 75 trillion cubic feet of offshore natural gas reserves in the Rovuma Basin and a new refinery project underway, Mozambique is positioning itself as a rising energy powerhouse in Africa and globally.
Mozambique is accelerating its path to energy independence through a new partnership involving Nigeria's energy giant, Aiteo Eastern E&P, and state-owned Petroleos de Mocambique, S.A. (Petromoc), to build a modular refinery capable of processing 200,000 barrels per day. With expanded fuel storage and product diversification, the project aims to reduce imports, lower costs, and create new jobs in the energy sector.Maputo is also launching a $1.5 billion gas pipeline to Zambia, designed to transport 3.5 million tonnes of fuel annually. The project seeks to boost regional energy security, position Mozambique as a key oil and gas player in Southern Africa, and promote self-sufficiency and regional integration.In an interview with African Currents, Adrian Strydom, CEO of the South African Oil and Gas Alliance, discussed Mozambique's strategic moves in the oil and gas sector—from regional collaborations to local beneficiation and energy security.Want to hear more from our guests? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.You’ll find our episodes not just on the website, but also on Telegram.► You can also stream our podcast on Apple Podcasts, Spotify, Deezer, Pocket Casts, Afripods, Podcast Addict.► Check out all the episodes of African Currents.
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podcasts, sputnik africa, russia-africa cooperation, africa, mozambique, nigeria, oil pipeline, liquefied natural gas (lng), madagascar, gas pipeline, gas, central africa, east africa, west africa, north africa, southern africa, аудио
Africa's Energy Drive Reflects Its Growth Potential, Oil and Gas Expert Says
With 75 trillion cubic feet of offshore natural gas reserves in the Rovuma Basin and a new refinery project underway, Mozambique is positioning itself as a rising energy powerhouse in Africa and globally.
Mozambique is accelerating its path to energy independence through a new partnership involving Nigeria's energy giant, Aiteo Eastern E&P, and state-owned Petroleos de Mocambique, S.A. (Petromoc), to build a modular refinery capable of processing 200,000 barrels per day. With expanded fuel storage and product diversification, the project aims to reduce imports, lower costs, and create new jobs in the energy sector.
Maputo is also launching a $1.5 billion gas pipeline to Zambia, designed to transport 3.5 million tonnes of fuel annually. The project seeks to boost regional energy security, position Mozambique as a key oil and gas player in Southern Africa, and promote self-sufficiency and regional integration.
In an interview with African Currents, Adrian Strydom, CEO of the South African Oil and Gas Alliance, discussed Mozambique's strategic moves in the oil and gas sector—from regional collaborations to local beneficiation and energy security.
"If you look at Africa's largest producers, and Nigeria has a history of oil production, and so it's really [about] partnering with the right skills, with the right technologies, and with capital [...]. So, in terms of energy security, we have to produce locally if we want to improve energy security in the region. And for Mozambique, this certainly would be a plus if they can explore and produce [...]. Africa will in the future change to a more manufacture-based entity and continent. And then we need energy, and we need energy security to have sustainable manufacturing industries in the region," Strydom noted.
Want to hear more from our guests? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.
You’ll find our episodes not just on the website, but also on
Telegram.► Check out all the episodes of African Currents.