Reuters: Mozambique News

TABLE-Mozambique 3-month T-bill yield falls to 4.4 pct

Wed, 16 May 2012 15:03:14 +0000

JOHANNESBURG, May 16 (Reuters) - The yield on Mozambique 3-month Treasury bills fell to 4.40 percent from 4.97 percent a week ago, the central bank said. The auction results were as follows: MATURITY 91 days 182 days 364 days Auction Date 16/05 09/05 16/05 09/05 16/05 09/05 Amount Tendered (Mlns 500 150 0 230 500 0 of New MZM) Amount Dem

WRAPUP 1-Huge finds make East Africa the next big gas source

Wed, 16 May 2012 13:38:36 +0000

* ENI finds another giant gas field off coast of Mozambique

Kenya near to sealing more offshore oil search deals

Wed, 16 May 2012 11:20:22 +0000

NAIROBI, May 16 (Reuters) - Kenya is close to sealing a deepwater exploration contract with France's Total and has offered three other oil majors new offshore blocks, the country's petroleum commissioner said.

CORRECTED-Eni made new giant gas discovery in Mozambique

Wed, 16 May 2012 09:53:42 +0000

MILAN, May 16 (Reuters) - Italian oil and gas company Eni said on Wednesday it made a new gas discovery of an estimated 7 trillion and 10 trillion cubic feet (tcf) at Coral 1 at its Area 4 drilling site in Mozambique.

UPDATE 1-BG and Ophir Energy find more gas in Tanzania

Wed, 16 May 2012 06:55:58 +0000

LONDON, May 16 (Reuters) - British gas firm BG Group and explorer Ophir Energy said they had found more gas off the coast of Tanzania, raising hopes that the East African country will become a major new gas province.

DIARY-Southern & South Africa to March 2013

Wed, 16 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

UPDATE 1-Anadarko well encounters gas offshore Mozambique

Tue, 15 May 2012 05:39:51 +0000

May 15 (Reuters) - U.S. energy firm Anadarko Petroleum Corp said it has encountered gas offshore Mozambique.

DIARY-Southern & South Africa to March 2013

Tue, 15 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

DIARY-Southern & South Africa to March 2013

Mon, 14 May 2012 05:00:00 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

IMF cuts sub-Saharan Africa 2012 growth forecasts

Mon, 14 May 2012 03:30:00 +0000

JOHANNESBURG, May 14 (Reuters) - Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a sluggish recovery in South Africa, the International Monetary Fund (IMF) said on Monday.