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The World Bank Group (WBG) board on 17 September approved a $57m financing package for the Mozambique-Malawi Regional Interconnector Project, comprising a $42m grant for Mozambique and a $15m loan for Malawi from the International Development Association. The project involves construction of a 218km, 400kV double-circuit transmission line from Matambo substation in Tete Province, Mozambique, to Phombeya substation in Balaka District, Malawi. It will be Malawi’s first significant transmission interconnection and will allow it to trade on the Southern African Power Pool (SAPP).

Mozambique | Malawi
Issue 400 - 27 September 2019

Zimbabwe/Mozambique: EDM to supply 50MW

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Electricidade de Moçambique (EDM) has signed a memorandum of understanding to sell 50MW of power to Zimbabwe. Mozambique news agency AIM reported that the agreement was signed in Maputo on 12 September and sales were due to begin in October. EDM chair Ali Sicola said at the signing ceremony that sales to Zesa would earn EDM $4m/month.

Mozambique | Zimbabwe
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Vitol and Empresa Nacional de Hidrocarbonetos (ENH) on 17 September announced the launch of a joint venture commodity trading company, ENH Energy Trading. The company will initially be owned 51% by ENH and 49% by Vitol, but ENH’s share is expected to increase over time, a joint statement said. It will be based in Singapore to focus on marketing Mozambique’s gas to the growing Asian market.

Mozambique
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Germany’s KfW has agreed to extend a €25m grant to the Ministry of Economics and Finance for the Global Energy Transfer Feed-in-Tariff (Get FiT) programme in Mozambique. The programme will promote private sector investment in solar PV systems including battery storage of up to 32MW, KfW announced on 4 September. The project will support government efforts to supply the entire population with electricity by 2030. At present, only just under one third of Mozambicans have access to electricity.

Mozambique
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Kibo Energy announced on 5 September that it has signed a non-binding power purchase term sheet (PPTS) and non-binding coal supply term sheet (CSTS) with Vale Mozambique SA for the Benga coal power project. AIM-listed Kibo holds a 65% stake in the project, which involves construction of a 150MW-300MW coal power plant close to Vale’s coal mine.

Mozambique
Subscriber

The Temane Regional Electricity Project (TREP) has secured $543m of funding for the transmission line and related substations element, including a $300m grant from the World Bank, a $24m grant from the Norwegian Trust Fund, $33m from the African Development Bank, a $99.7m lease and loan through the Islamic Development Bank, and $36m from the OPEC Fund for International Development, partner Globeleq announced on 28 August.

Mozambique
Subscriber

The Ministry of Mineral Resources and Energy invites expressions of interest by 18 September from consultants to review, update and complete Mozambique’s power grid codes. The project aims to review, revise and present proposals for the amendment, revision and additions as applicable of grid codes for transmission and distribution. The selected consultant will be responsible for drafting legislative rules, standards and norms related to access, operation and connection of the power systems ensuring harmonisation with the present legal framework.

Mozambique
Issue 399 - 13 September 2019

Mozambique: Agreement for LNG-to-powership

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Japan’s Mitsui OSK Lines Ltd (MOL) and Karadeniz Holding AS announced on 30 August that they would develop the first LNG-to-powership project in Mozambique. The project, which will be implemented under the joint brand Karmol, involves mooring a FSRU next to Karadeniz subsidiary Karpower International BV’s 115MW Irem Sultan powership, which is operating in Nacala port. The agreement was announced at the Tokyo International Conference on African Development in Yokohama in August.

Mozambique
Free

The government of the northern province of Niassa has signed a memorandum of understanding with Gigawatt Global and the Anglican Church in Niassa for the construction of a 50MW solar PV power plant in the provincial capital Lichinga. The electricity produced will be supplied to the grid with the aim of improving power supply to the Lago, Mecula, Mecanhelas, Mavago and Mandimba districts. Following the signing, work on an environmental impact assessment was due to get under way in September.

Mozambique
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The US Export-Import Bank said on 22 August its board planned to vote on a $5bn loan for the Area 1 Mozambique LNG project. A statement said it had notified Congress of the transaction, which would be voted on after a 35-day congressional notification period. If approved, the transaction would support US exports of goods and services for the engineering, procurement and construction of the onshore LNG plant and related facilities. “These US exports are facing direct competition from financing offered by foreign export credit agencies,” the statement said.

Mozambique
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The 30MWac Mocuba solar PV plant in Zambézia province began operating on 30 July, developer Scatec Solar has announced. The $80m project, which is expected to generate 79GWh/yr, has been under construction since March 2018. Mocuba is located on a 120ha site at the heart of the country’s northern network. The plant will help stabilise the grid during the day and improve security of supply. Mocuba is owned by Scatec Solar (52.5%), national utility Electricidade de Moçambique (EdM, %), and KLP Norfund Investments (22.5%).

Mozambique
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The World Bank Group board of directors on 20 June approved $300m in grants and $120m in guarantees for the Temane Regional Electricity Project (TREP). The project involves the construction of a 563km high-voltage transmission line between Maputo and Vilanculos/Temane and private sector financing of a 400MW combined cycle gas-to-power generation plant at Temane. The project will also receive co-financing in the form of a $24m grant from a Norwegian Trust Fund.

Mozambique
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Anadarko Petroleum Corporation and its partners announced a final investment decision (FID) on 18 June for the Area 1 Mozambique LNG project. The project will be Mozambique’s first onshore liquefied natural gas development, initially consisting of two LNG trains with total nameplate capacity of 12.88m t/yr processing gas from the Golfinho/Atum fields in Offshore Area 1. The project has secured 11.1m t/yr of long-term LNG sales to clients in Asia and Europe, representing 86% of the plant’s nameplate capacity, and will also have a significant domestic gas component.

Mozambique
Subscriber

Shares representing a 2.5% stake in Hidroeléctrica de Cahora Bassa (HCB) will go on sale to the Mozambican public from 17 June. Some 92.5% of the shares in HCB will continue to be owned by the Mozambican state, but the government announced plans in 2017 to sell off the other 7.5% in tranches. The Maputo daily Noticias quoted HCB chair Pedro Couto as saying the unit price of the shares will be three meticais (about $0.047).

Mozambique
Subscriber

Anadarko and its partners have given a consortium of Saipem, McDermott International and Chiyoda Corporation an engineering, procurement and construction contract for the Area 1 onshore liquefied natural gas project in northern Mozambique.Saipem said it would lead the CCS joint venture project, and its share of the contract would be worth $6bn.

Mozambique