Tags: LIGNET | Mozambique | Energy | Reserves

LIGNET: Mozambique's Energy Reserves Attracting International Interest

By Newsmax Wires   |   Tuesday, 09 Oct 2012 02:11 PM

Chevron [NYSE: CVX], Exxon Mobil [NYSE: XOM], and Royal Dutch Shell [NYSE: RDS] are the latest major international oil companies to seek access to exploration and development opportunities off the coast of Mozambique, attracted by discoveries of natural gas reserves worth around $800 billion discovered by Anadarko [NYSE: APC] and Eni [NYSE: E] last year. The country is an attractive target for major energy companies due to its vast undeveloped oil, gas, and coal resources and proximity to Asian and European markets.

To read the full analysis from top experts at LIGNET.com, click here.



© 2017 Newsmax. All rights reserved.

1Like our page
2Share
Markets
Chevron, Exxon Mobil and Royal Dutch Shell are the latest major international oil companies to seek access to exploration and development opportunities off the coast of Mozambique, attracted by discoveries of natural gas reserves worth around $800 billion discovered by Anadarko and Eni last year.
LIGNET,Mozambique,Energy,Reserves
94
2012-11-09
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved