News
  News
        Home Page
        High Commission
        Government
        Information and Activities
        Consular Affairs
        Bilateral Relations
        Trade & Investment
        Tourism

  Government
      

  Investment
      

  AtenÁão
       Prova Anual de Vida dos Pensionistas do INSS Residentes no Estrangeiro







   News Archive News
news
    15 November, 2012
Oilmoz secures funding for refinery
 
London, 15 Nov (AIM) – The Mozambican oil company Oilmoz on 13 November announced that it has secured funding from a sovereign trust in the United States to build a refinery capable of producing 350,000 barrels a day.
 
Construction is expected to begin next year and could be completed by 2018. The project will integrate a refinery, petrochemical plant, storage tanks, a gas fired power station, pipelines, desalination and water treatment plant, a waste disposal plant and an industrial park.
 
Currently Mozambique is totally dependent on the import of refined fuels, which costs the country about $700 million a year.  According to the Chief Executive of Oilmoz, Fausto Cruz, the refinery would cut the imports and reduce these costs substantially.
 
Cruz told AIM that the country currently consumes about 20,000 barrels per day. Thus the Oilmoz refinery would be able to supply not only Mozambique, but also neighbouring countries with refined fuels.
 
Five years ago, the government approved projects for two refineries. Approval was granted in 2007 to build a refinery in Nacala-a-Velha, in the northern province of Nampula, which would have cost $5 billion.
 
The Oilmoz refinery was to be at Matutuine in Maputo province in southern Mozambique at an estimated cost of $8 billion. However, Fausto Cruz told AIM that “Oilmoz is studying another location which will be better suited for the environment”.
 
He said that funding of up to $17 billion has been guaranteed under the agreement.
 
The company will also fund social projects which will be carried out by the Joaquim Chissano Foundation.
(AIM)

 
 
  2 December, 2019  
 
AIDS related deaths fell 20 percent over five years
 
President Filipe Nyusi declared on 1 December in the northern city of Nampula that the number of deaths from HIV/AIDS in Mozambique fell by 20 per cent between 2014 and 2018.

 
  18 November, 2019  
 
President addresses Catholic Bishops
 
President Filipe Nyusi on 16 November challenged the Catholic Church to continue its commitment to achieving the social well-being of Mozambicans and indicated that dialogue should be one of the paths chosen.

 
  17 November, 2019  
 
New water system for Gorongosa inaugurated
 
More than 30,000 people will benefit from clean drinking water in Gorongosa town, in the central Mozambican province of Sofala, thanks to a new water supply system that President Filipe Nyusi inaugurated on 15 November.

 


  Archives
News Archive
Picture Archive




 BCS