Mozambique : Oil refinery planned

Oil refinery planned -

If all goes according to plan, by the middle of the next decade there could be two oil refineries operating in Mozambique, one at Nacala in the north of the country, and one in the district of Matutuine, in the far south of the country.

The southern refinery is a project of Oilmoz, a company founded by former foreign minister Leonardo Simao. On 27 June Oilmoz signed a Memorandum of Understanding with the world’s largest services company, PriceWaterhouse Coopers (PWC), under which PWC will undertake feasibility studies for the project.

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[AA Mozambique]