Gas-rich Mozambique also hopes for oil

Issue 240 - 05 Oct 2012 | 1 minute read
As Mozambique chalks up ever greater gas reserves, hopes are rising that the southern Rovuma Basin may also contain oil. Total has taken 40% in Petronas’ Areas 3 and 6, after Tullow Oil took 25% in Statoil’s Areas 2 and 5, specifically to look for oil.

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