This Resolution approves the Strategy on the Concession of Areas for Oil Operations. The Strategy aims to regulate Petroleum Operations to ensure the continuation of systematic exploration for petroleum in the country's sedimentary basins, stimulating the national private sector to invest in petroleum exploration and production activities. In addition, it aims to promote foreign investment in exploration and production in the national territory, thus ensuring the good and efficient management of existing areas and potential resources. To achieve the objectives, the sector has identified a set of strategic options to be implemented, namely: a) define which areas are subject to public tender, simultaneous negotiation, direct negotiation and reserve negotiation; b) define the frequency of the licensing process for research areas and the respective procedures; c) define the areas subject to concession contracts for research and production or recognition; d) implement the division of areas as established by law; e) impact on the global energy transition, allowing for adaptation and mitigation of climate change; f) use petroleum resources to consolidate Mozambique's economic transformation.
Mozambique · 2021-08-04