AEC, ENH Deepen Partnership to Boost Mozambique Energy Investment
The African Energy Chamber and Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) have strengthened their partnership to attract investment, grow local participation, and create commercial opportunities in Mozambique's oil and gas industry. This collaboration comes as the country enters a major energy construction period, with over $50 billion mobilized for liquefied natural gas developments in the Rovuma Basin.
Mozambique's flagship LNG projects have regained momentum after force majeure restrictions were lifted in late 2025. TotalEnergies' $20.5 billion Mozambique LNG project resumed full construction on January 29, with over 4,000 workers back on site. The project is targeting first LNG in the first half of 2029.
ExxonMobil's $30 billion Rovuma LNG project is continuing engineering work ahead of a final investment decision, while Eni's Coral Norte floating LNG project is expected to begin operations in 2028. Together, these projects could make Mozambique one of Africa's leading destinations for upstream energy investment and a major LNG exporter over the next decade.
The partnership aims to put local content at its center by focusing on technical skills, domestic supply chains, and broader participation by Mozambican companies across the industry. ENH has already signed an agreement with Baker Hughes to provide advanced technical training for Mozambican professionals in Dubai and Florence.
ENH is also seeking international investors for onshore exploration and production, while planning to build its own capacity as a direct field operator. At the Búzi Block, commercial gas production remains on track before the end of 2026 following seismic work. ENH is pursuing domestic gas projects that could supply a future petrochemical industry and create higher-value products inside Mozambique.
AEC Executive Chairman NJ Ayuk said the expanded alliance can combine investment promotion with local content and private-sector participation, helping turn Mozambique's gas resources into lasting value for its people.