GMCG announces the opening of independent offices in Mozambique

The opening of the independent offices in Mozambique marks the 15th global office for GMCG and comes hot on the heels of the appointment of Kadima Agostinho, as Executive Director for the new Mozambique office.

Kadima brings with him extensive experience in the oil, gas, and renewable energy sector. With his strong local ties and now the support of GMCG’s international network, Mozambican clients will benefit from services that are already trusted worldwide.

Present at the event were the National Director of Hydrocarbons and Fuels, Moisés Paulino, and the President of the Management Board of ACIS, Luís Magaco.
However, GMCG believes that the location of its business will support the operational economy that implies mutual benefits.

Mozambique is known as a rapidly developing market, and so the company is proud to be part of it.

Founded in 1988, GMCG provides technical, legal, training, and specialized management consultancy to the shipping and offshore sectors. Global Maritime Consultants Group supports and empowers its clients by providing maritime solutions based on their unique needs.

GMCG anuncia abertura de escritórios independentes em Moçambique

A abertura dos escritórios independentes em Moçambique marca o 15º escritório global para GMCG e veio a calhar com com a nomeação do Kadima Agostinho, como Director Executivo para o novo escritório em Moçambique.

Kadima traz consigo uma vasta experiência no sector do petróleo, gás, e energias renováveis. Com os seus fortes laços locais e agora o apoio da rede internacional da GMCG, os clientes moçambicanos beneficiarão de serviços que já são de confiança a nível mundial.

Marcaram presença naquele evento, o Director Nacional de Hidrocarbonetos e Combustíveis, Moisés Paulino e Presidente do Conselho de Gerência da ACIS, Luís Magaco.
Contudo, a GMCG acredita que a localização do seu negócio irá apoiar a economia operacional que implica benefícios mútuos.

Moçambique é conhecido como um mercado em rápido desenvolvimento e, sendo assim, a empresa revela estar orgulhosa de fazer parte dele.

Fundada em 1988, GMCG fornece consultoria técnica, jurídica, de formação e de gestão especializada para os sectores naval e offshore. A Global Maritime Consultants Group apoia e capacita os seus clientes, fornecendo soluções marítimas baseadas nas suas necessidades únicas.

Lucas Kim: “LNG export will accelerate Mozambique’s development”

The event annually promotes the development of local content through a high visibility conference and exhibition that enhances the development of SMEs and entrepreneurship in the country, as well as sharing updates on regulations and information on financial support opportunities available for startups in Mozambique.

It is in this context that the representative of Samsung Heavy Industries, Lucas Kim, shared in an interview the importance of the relationship between Mozambique and South Korea, the impact of this relationship for both and future projects.

Samsung Heavy Industries successfully built and delivered the natural gas production platform for the South Coral project. Do you agree that the vessel has impacted the country by creating more opportunities?

Sure. Coral FLNG creates more development opportunities for Mozambique as it achieves gas liquefaction of 3.4 million tons per year. Once the first LNG export is achieved by the end of this year in Mozambique, this major milestone can be a starting point to create and accelerate investments and development in Mozambique.

What other areas is Samsung looking to explore in Mozambique and Africa as a whole?

Based on successful completion of Coral Sul FLNG with strong partnership among government, concessionaires and Consortium Partner, SHI is looking to explore future business in Mozambique as Solution Provider for FLNG including Neashore and taking aim at a new future with the Africa’s Best Oil & Gas EPC Company having a World-Class Facility (SHI-MCI FZE Yard) in Nigeria.

Samsung Heavy Industries is a major sponsor at Mozambique Gas & Energy Summit 2022. What should we be expecting from Samsung at this year’s event?

SHI just started to work in Mozambique but SHI is one of the big three companies of shipbuilding and offshore plant construction in the world. SHI has developed lots of technology for various products including offshore FLNG, nearshore FLNG, FPSO, etc.

SHI intends to show What kinds of technology and development SHI has in the Oil and Gas sector through Mozambique gas and energy summit . SHI technology to make a great opportunity to develop resources in Mozambique.

Are there any specific project highlights you could share with us?

I remember MozambiquePresident Filipe Nyusi visited SHI shipyard , Korea in November 2021 for the sailaway ceremony of the Coral-Sul FLNG.

Korea President, Jae-In Moon also participated with Mr. Nyusi at this ceremony. As I understood it was the first time to celebrate the Sailaway event with two Presidents. That means Coral FLNG is quite a significant project for both the Country and Oil and Gas sector.

25 Mozambican young engineers as future of Mozambique had been in Korea SHI Yard for 6 months for training 2019 and 2020 and many of them have worked for Coral Sul FLNG Projects including trainees hired by SHI Mozambique. SHI together with our Consortium Partner (TEN & JGC) have contributed to the local community as CSR activities such as providing bicycles (conducted by Mozambique) and books for a brighter future (conducted by Helpo) to the Ocua Secondary school in the Cabo Delgado region.

Mozambique and Tanzania to establish 400-megawatt electricity link

Mozambique and Tanzania have natural resources, especially gas. From this perspective, the two countries are considering establishing an electricity link, as a result of the cooperation between neighboring nations, as part of Samia Suluhu Hassan’s visit to the country.

“We have been talking with Tanzania in order to establish a transmission line that will connect the two countries, taking into account the natural resources that we have. The idea is to make an interconnection from Toa Re, in Tanzania, to Palma, in Mozambique”, said Marcelino Gildo Alberto, president of the Board of Directors of Electricidade de Moçambique (EDM).

“We want to establish a 400 megawatt (mw) line. There is already a memorandum of understanding between the Governments and, at this moment, we are carrying out a memorandum of understanding between the companies of the two countries, EDM and TANESCO”, clarified Marcelino Gildo Alberto.

The project already has two million dollars for its execution and should benefit both nations, according to the leader.

“Tanzanians will be able to export the energy here, just as we will be able to their country. Tanzania is connected to other countries like Uganda and Kenya and we will be able to connect with them, through a power supply corridor,” the PCA reiterated.

The Chairman of the Board of Directors of Electricidade de Moçambique was speaking on the sidelines of the visit of the President of Tanzania to the Maputo Thermoelectric Power Plant.

Moçambique e Tanzânia vão estabelecer ligação eléctrica de 400 mega watts

Moçambique e Tanzânia possuem recursos naturais, com destaque para o gás. Partindo desta perspectiva, os dois países equacionam estabelecer uma ligação eléctrica, fruto da cooperação entre as nações vizinhas, no âmbito da visita que Samia Suluhu Hassan efectua ao país.

“Temos estado a conversar com a Tanzânia no sentido de estabelecer uma linha de transmissão que vai ligar os dois países, tendo em conta os recursos naturais que detemos. A ideia é fazer uma interligação de Toa Re, na Tanzânia, até Palma, em Moçambique”, avançou Marcelino Gildo Alberto, presidente do Conselho de Administração da Electricidade de Moçambique (EDM).

“Queremos estabelecer uma linha de 400 megawatts (mw). Já existe um memorando de entendimento entre os Governos e, neste momento, estamos a realizar um memorando de entendimento entre as empresas dos dois países, a EDM e TANESCO ”, esclareceu Marcelino Gildo Alberto.

O projecto já conta com dois milhões de dólares para a sua execução e deverá beneficiar as duas nações, de acordo com dirigente.

“Os tanzanianos poderão exportar a energia para cá, assim como nós poderemos para o país deles. A Tanzânia está ligada a outros países como Uganda e Quénia e poderemos conectar-nos com eles, através de um corredor de fornecimento de energia”, reiterou o PCA.

O presidente do Conselho de Administração da Electricidade de Moçambique falava à margem da visita da Presidente da Tanzânia à Central Termoeléctrica de Maputo.

TotalEnergies is the highest earning fuel business in the country

Meanwhile, TotalEnergies pays a lot to win business in Mozambique. Data from international tenders launched in the last 24 months by the Mozambican Oil Importer (IMOPETRO) indicate that TotalEnergies has won two major tenders to supply various fuels (mainly jet, gasoline and diesel) to the country through the ports of Maputo, Beira, Nacala and Pemba.

The import of fuels is one of the businesses that moves the most money. The process demands 800 million USD per year, an amount necessary to rebuild or rehabilitate the National Road Number 1 (EN1). Because it moves a lot of money, the sector is very attractive to multinational companies. Data in the possession of the Journal indicates that there are at least 40 companies engaged in importing, 29 of which are associated with IMOPETRO.

Based on IMOPETRO’s international tenders, out of these 40 companies, there are about 10 multinationals that bid with some frequency to supply fuel to the country. These are IPG; Glencore; Augusta Energy; Trafigura; Sahara Energy and Vitol, in addition to TotalEnergies itself through its subsidiary Total Trading & Shipping (TOTSA).

However, before all these players, TotalEnergies is the one that has been winning in the last two years, for presenting the lowest proposal for fuel imports. But IMOPETRO and the Government not only look at the lowest bid, but also at the technical and financial capacity of the competitor.

TotalEnergies é a empresa que mais ganha em negócios de combustíveis no país

Entretanto, a TotalEnergies paga muito para ganhar os negócios em Moçambique. Dados de concursos internacionais lançados nos últimos 24 meses pela Importadora Moçambicana de Petróleos (IMOPETRO) indicam que a TotalEnergies ganhou dois grandes concursos para fornecer diversos combustíveis (com destaque para jet, gasolina e gasóleo) ao país, pelos portos de Maputo, Beira, Nacala e Pemba.

A importação de combustíveis é um dos negócios em que mais se movimenta dinheiro. O processo demanda 800 milhões de USD por ano, verba necessária para reconstruir ou reabilitar a Estrada Nacional Número 1 (EN1). Por movimentar muito dinheiro, o sector é muito apetecível a empresas multinacionais. Dados na posse do Jornal indicam que há pelo menos 40 empresas que se dedicam à importação, das quais 29 associadas à IMOPETRO.

Com base nos concursos internacionais da IMOPETRO, dessas 40 companhias, há cerca de 10 multinacionais que concorrem com alguma frequência para fornecer combustíveis ao país. Trata-se da IPG; Glencore; Augusta Energy; Trafigura; Sahara Energy e a Vitol, para além da própria TotalEnergies através da subsidiária Total Trading & Shipping (TOTSA).

Entretanto, perante todos estes players, a TotalEnergies é que tem ganho nos últimos dois anos, por apresentar a menor proposta de importação de combustíveis. Mas a IMOPETRO e o Governo não só olham para a proposta mais baixa, mas também para a capacidade técnica e financeira do concorrente.

Find out what would be the fair price of fuel currently in Mozambique

The association was reacting to the announcement of the Minister of Economy and Finance, Max Tonela, who announced a possible fall in fuel prices in Mozambique for October and November, but the gas stations told “O País” that there were no conditions for a fall in prices this year.

For this reason, the gas stations decided to put a brake on any euphoria that may have been created as a result of the optimism presented by the Minister of Economy and Finance.

Furthermore, the Mozambican Association of Oil Companies (AMEPETROL) understands that, instead of thinking about reducing, the price should be increased to reach the real and current prices.

According to Ricardo Cumbe, general secretary of AMEPETROL, in fact, “at this moment, for diesel and gasoline, we are talking about more than 100 Meticais,” the price that should be practiced. Specifically, Cumbe speaks of 115 Meticais per liter of gasoline, “but the Government is still doing the compensation exercise. We will talk about compensations later in this text.

For now, it is important to recall the reasons that led the minister to say that there was room for the reduction of fuel prices. “The price situation for liquid fuels internationally has stabilized and is on a downward trend; it once peaked at $120 a barrel, but right now it’s trading around $95.”

The gasoline companies are not unaware of the fact and say that “there may be a drop at the source level, but it is necessary to explain that it is not a drop that may automatically manifest itself in the retail price here in the country; for several reasons, among them the formula used for fixing prices, which is a weighted average.

To all intents and purposes, the price of a barrel, internationally, has been falling since the beginning of this second semester, and there are studies, although not unanimous, that indicate that, by the end of the year, the price will be below 70 dollars per barrel, after having reached a maximum this year of 120 dollars.

Saiba qual seria o preço justo dos combustíveis actualmente em Moçambique

A associção reagia ao anúnicio do ministro da Economia e Finanças, Max Tonela, que dava conta de uma possível queda do preço de combustíveis, em Moçambique, para Outubro e Novembro, porém as gasolineiras disseram ao “O País” não haver condições para a queda do preços este ano.

Por isso, as gasolineiras decidiram travar toda a euforia que se possa ter criado em consequência do optimismo apresentado pelo ministro da Economia e Finanças.

Ademais, a Associação Moçambicana de Empresas Petrolíferas (AMEPETROL) entende que, em vez de se pensar em reduzir, o preço devia ser incrementado para alcançar os reais e actuais preços.

Segundo Ricardo Cumbe, secretário-geral da AMEPETROL, na verdade, “neste momento, para o gasóleo e para a gasolina, estamos a falar de acima de 100 Meticais”, o preço que devia ser praticado. Concretamente, Cumbe fala de 115 Meticais por litro de gasolina, “mas o Governo continua a fazer o exercício das compensações”. Sobre as compensações, vamos falar mais adiante, ainda neste texto.

Para já, importa recordar os motivos que levaram o ministro a dizer que havia espaço para a redução dos preços dos combustíveis. “A situação dos preços dos combustíveis líquidos, a nível internacional, estabilizou-se e está com uma tendência decrescente; já atingiu um pico de 120 dólares por barril, mas, neste momento, tem estado a ser negociado à volta de 95 dólares”.

As gasolineiras não ignoram o facto e dizem que pode “haver uma queda a nível da fonte, mas é preciso explicar que não se trata de uma queda que se possa manifestar automaticamente no preço de venda ao público aqui no país; por várias, entre elas a fórmula usada para a fixação dos preços, que é uma média ponderada”.

Para todos os efeitos, o preço do barril, a nível internacional, está em queda desde o início deste segundo semestre, e há estudos, embora não unânimes, que indicam que, até ao fim do ano, o preço vai estar abaixo dos 70 dólares por barril, depois de ter atingido, este ano, um máximo de 120 dólares.

Kenmare celebrates the return of the transshipment vessel Bronagh J

With the return of the Bronagh J, the Kenmare Mine, one of the world’s largest producers of heavy sands products, expects a significant increase in processed mineral loading.

It should be noted that Kenmare began commercial production in 2009 and is recognized as a major supplier of heavy sands products to a global customer base operating in over 15 countries.

Kenmare’s products are essential raw materials that are processed into intermediate products and ultimately consumed in everyday ‘quality of life’ products such as paints, plastics and ceramic tiles.

In 2021, Kenmare, through KMAD, invested $2.3 million in development initiatives for the host communities of the Moma Mine in Mozambique. Some of the highlights of the year included the construction of a second community health center and the construction of five new elementary school.

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GMCG announces the opening of independent offices in Mozambique

GMCG anuncia abertura de escritórios independentes em Moçambique

Lucas Kim: “LNG export will accelerate Mozambique’s development”

Mozambique and Tanzania to establish 400-megawatt electricity link

Moçambique e Tanzânia vão estabelecer ligação eléctrica de 400 mega watts

TotalEnergies is the highest earning fuel business in the country

TotalEnergies é a empresa que mais ganha em negócios de combustíveis no país

Find out what would be the fair price of fuel currently in Mozambique

Saiba qual seria o preço justo dos combustíveis actualmente em Moçambique

Kenmare celebrates the return of the transshipment vessel Bronagh J

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