The Minister of Mineral Resources and Energy of Mozambique, Carlos Zacarias, expressed interest in the country being a full member of the Forum of Gas Producing Countries (GECF), according to a note from the Mozambican government body.
Zacarias announced the intention during a meeting with the secretary general of the GECF, Mohamed Hamel, within the scope of the ministerial meeting of this entity, which is taking place today in Cairo, capital of Egypt, according to the statement, quoted by the newspaper Notícias.
On the occasion, Hamel said that Mozambique will become the fifth largest exporter of liquefied natural gas (LNG) in the world, when the country starts producing this resource in the Rovuma basin, in the north.
The official appealed to the country to continue to produce a legal and regulatory framework suitable for the oil industry.
Today’s meeting in Cairo has as its agenda items the debate on the global view of the world’s gas market, the management report of the GECF executive committee and the review of the long-term strategy.
The GECF is an intergovernmental organization created for the exchange of experiences between member countries, producers and consumers with a view to improving the stability and security of supply and demand in the world’s gas market.
The organization’s members hold 72% of the world’s gas reserves and 43% of commercialized production.
